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The recent developments at Log9 Materials, a battery startup specializing in lithium-ion battery manufacturing, have brought to light the complexities and challenges faced by companies in the rapidly evolving landscape…
Sonata Therapeutics, a biotech startup formed two years ago through the merger of two Flagship Pioneering companies, finds itself navigating turbulent waters as it grapples with funding challenges amidst a…
Cisco Systems, a global leader in networking equipment and technology solutions, has revealed plans to reduce its workforce by 5%, amounting to more than 4,000 jobs, in response to challenging…
Mozilla, the renowned developer of the Firefox browser, has announced significant changes to its organizational structure and product portfolio. The company is reportedly laying off 60 employees as part of…
Instacart, the renowned grocery delivery platform, unveiled its optimistic first-quarter forecast for gross transaction value (GTV) and core profit on Tuesday, citing an increase in grocery orders...
Bengaluru-based fashion apparel startup, Blissclub, recently undertook a restructuring exercise, resulting in the layoff of around 21 employees, constituting approximately 18% of its workforce...
In 2023, several major companies underwent significant workforce reductions, reflecting the dynamic nature of the business landscape and the evolving needs of the global economy...
The year 2024 began with a somber tone for many in the tech industry as a wave of layoffs swept through numerous companies and startups, leaving thousands of employees facing…
In a significant turn of events, consumer robot maker iRobot has announced layoffs affecting nearly 350 employees, constituting approximately 31% of its workforce....
In a surprising move, popular Chinese short-video making app TikTok has joined the ranks of Big Tech companies in implementing layoffs to streamline operations and reduce costs...