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RE: LeoThread 2024-11-04 21:34

Copia Global
Has laid off at least 1,060 employees two weeks after the startup filed for administration.

Revel
Is laying off its 1,000+ staff drivers as it embraces a gig worker model similar to that of Lyft and Uber.

Simpl
Has cut 30 employees a month after the Bengaluru-based startup laid off 160 people.

Oda
Has confirmed layoffs of 150 jobs as it drastically scales back its expansion ambitions to focus on its markets in Norway and Sweden.

Pagaya
Is laying off 100 workers, or 20% of its staff, in another round of cuts.

MoonPay
Is reportedly laying off 10% of its workforce, amounting to around 30 people.

Microsoft
Is reportedly cutting hundreds of employees working in its Azure cloud business, though the exact number of employees impacted is currently unknown.