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Automattic Trims Sails: 16% Workforce Reduction Signals Shifting Tides
10/04/2025

Automattic Trims Sails: 16% Workforce Reduction Signals Shifting Tides

The winds of change continue to sweep through the tech landscape, and the latest company to adjust its course is Automattic, the powerhouse behind

“We aim to be pioneers in automating HR processes with AI”- Sloneek’s CEO
24/09/2024

“We aim to be pioneers in automating HR processes with AI”- Sloneek’s CEO

Last week, HR startup Sloneek successfully raised $4 million in a funding round led by a group of prominent investors. This new capital will support the

Microsoft Layoffs hit 650 employees at XBox amid post-acquisition restructuring
12/09/2024

Microsoft Layoffs hit 650 employees at XBox amid post-acquisition restructuring

Microsoft is laying off 650 employees from its gaming division, marking the latest round of cuts since the company’s $68.7 billion acquisition of Activision

Rite Aid Emerges from Chapter 11 Bankruptcy
11/09/2024

Rite Aid Emerges from Chapter 11 Bankruptcy

Rite Aid Corporation has successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy, marking a significant milestone for the

11/09/2024

BurgerFi International, the fast-casual burger chain and parent company of Anthony’s Coal Fired Pizza, has filed for Chapter 11 bankruptcy protection,

Samsung Layoffs Hit 10% of Workforce in India Amid Factory Strike Crisis
11/09/2024

Samsung Layoffs Hit 10% of Workforce in India Amid Factory Strike Crisis

Samsung Electronics is set to lay off 10% of its workforce in India, translating to approximately 200 employees, as part of a broader global plan to reduce

11/09/2024

Solasta Bio Raises £10.7m for Nature-Based Insecticide Development

BREAKING! American actress and businesswoman Gwyneth Paltrow founded wellness and lifestyle brand Goop announced lays of...
11/09/2024

BREAKING! American actress and businesswoman Gwyneth Paltrow founded wellness and lifestyle brand Goop announced lays off ...

Goop, the wellness and lifestyle brand founded by Gwyneth Paltrow, is laying off 18% of its 216 employees as part of a company-wide restructuring aimed at

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