UPI Payments Rebound Sharply In May, Register Second-Best Month Ever
Even as India is slowly opening up after the two-month-long coronavirus lockdown, there are signs that that economy is slowly whirring back to…
Even as India is slowly opening up after the two-month-long coronavirus lockdown, there are signs that that economy is slowly whirring back to…
As the USA flares up in nationwide protests and riots in response to the death of George Lloyd last week at the hands of a white police officer in an alleged act of racism, American companies are making their stand clear online.
As individuals across social media stage virtual protests, walkouts, and change their profile images to all black in an event being called the “BlackTuesday”, corporate America too is doing its bit. In an unprecedented show of solidarity with the Black community against a case of systemic racism in the country, brands across sizes and industries have been taking a stand against racism and showing their support for the Black Lives Matter movement across their social media and other communication channels.
The news of the coronavirus layoffs keeps streaming in, even as lockdowns are slowly being lifted across the world. MakeMyTrip has said it’s…
Elon Musk is currently the toast of the world — SpaceX has just become the first private company to send a man into…
By now the huge economic impact of the coronavirus pandemic is apparent. With extended lockdowns prevalent around the world and economies being almost shut for 3 months since March now, companies have faced a loss of revenue, burned their cash on fixed costs and employees, and have had to resort to all means of cost-cutting. One of the biggest pitfalls of these cost-cutting measures has been instituting large-scale layoffs. While larger companies in India like Reliance, Infosys, TCS, ITC etc. have instituted paycuts across the aboard and levied a hiring freeze, India’s vaunted startups have had to take rather extreme measures to conserve capital and stretch their VC dollars. While a few have tried reimagining their core business and pivoted to offer newer product market fits for a Covid19 ravaged world, they have also had to let go large chunks of their workforce to cut costs. News of layoffs across startups has been coming in thick and fast. Here’s a list of all the startups that have had publicly announced layoffs so far. This list will be updated in real time as and when we get hold of them.
The number of startups that have had to lay off employees as a result of the coronavirus crisis continues to increase. BookMyShow has…
With the Coronavirus lockdown, and ensuing lockdowns, institutionalised work-from-homes, job losses and more time than ever on hand, work-from-home jobs have seen a surge in popularity.
And along with the legit opportunities, newer job descriptions, and genuine remote gigs have come scams. As I’d discover after days of a sting operation, the internet is replete with thousands of unscrupulous con artists out there to trap those unsuspecting folks who’re all but looking to find an alternate, easy enough income stream.
Amidst the coronavirus pandemic, it’s not only startups and companies that are having to let go of employees — VCs are struggling too….
The layoffs from the Covid crisis are now coming in thick and fast. Uber has fired 600 employees in India. These employees represented…