Tag: lay offs
Y Combinator cuts nearly 20% of staff, scales back growth stage...
Y Combinator will be writing fewer checks for late-stage companies, a scale back that also cost 17 team members — or roughly 20% of...
Microsoft lays off entire ethical AI team
Microsoft has reportedly axed an entire team responsible for ethical AI as part of a recent round of lay-offs, a move which comes...
Bolt lays off workers in Nigeria
Days after pledging to invest $350 million to create over 300,000 jobs in Africa, ride-hailing platform Bolt has laid off 17 of its 70...
Chipper Cash lays off more workers
Two months after laying off 12.5%—50 workers, fintech unicorn Chipper Cash is enforcing a second round of layoffs.Now, the start-up has laid off one-third of...
Twitter to lay off 25% of its workforce: report
Twitter, which was acquired last week by billionaire Elon Musk, plans to let go of a quarter of its workforce as part of what...
Nigerian digital bank Kuda is latest African startup to lay off...
Kuda, the challenger bank based in Nigeria and the U.K., has joined the ranks of tech companies in Africa that are pruning their workforce.
The...
Tech giants hiring laid off workers from Tesla
Billionaire Tesla CEO, Elon Musk has laid off at least 200 autopilot workers from the company due to the harsh global economy, but those...