In a surprising turn of events, GitHub, a leading software as a service (SaaS) platform, has announced substantial layoffs of 10 percent of its staff and the transition of all other employees to fully remote positions. Despite the COVID-19 pandemic, GitHub was able to remain a healthy business, and even managed to experience growth over… Continue reading GitHub lays off 10% and goes fully remote
Category: lays
Greenlight, kids-focused fintech startup, lays off 104 employees to optimize expenses
Greenlight, a kids-focused fintech startup that aims to bring financial education to families, has announced it is laying off 104 employees in order to optimize expenses. The company was founded in 2014 with the mission of helping parents teach their children about budgeting and money management. Greenlight had grown rapidly, adding hundreds of employees, as… Continue reading Greenlight, kids-focused fintech startup, lays off 104 employees to optimize expenses
News aggregator SmartNews lays off 40% of US and China staff, with further reductions planned in Japan
If you use the news app SmartNews, you might have noticed some troubling news. On December 28th the popular news aggregation app, SmartNews has announced the layoff of 40% of its staff in both the United States and China, with future reductions planned in Japan. SmartNews is a news app developed by a Japanese start-up… Continue reading News aggregator SmartNews lays off 40% of US and China staff, with further reductions planned in Japan
Daily Crunch: Salesforce CEO admits ‘we hired too many people’ as company lays off +7,000 employees
The tech industry has been one of the hardest hit by the pandemic, and it appears that Salesforce is no exception. Yesterday, Salesforce CEO Keith Block announced that the company was letting go of 7,000 employees, a move he described as “incredibly painful.” The cuts amount to around 8% of their workforce, and the news… Continue reading Daily Crunch: Salesforce CEO admits ‘we hired too many people’ as company lays off +7,000 employees
Playtika workers
Playtika, an Israeli game studio, has announced the layoff of 610 workers from their Tel Aviv studio and the closing of three of their online gaming titles in a broader restructure that has impacted the giant game studio’s workforce. This restructuring announcement was accompanied by Playtika’s CEO, Robert Antokol, saying that the game studio was… Continue reading Playtika workers