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RE: LeoThread 2024-11-04 21:34

in LeoFinance11 hours ago

OpenText​​
Plans to cut roughly 1,200 jobs, amounting to almost 2% of its total workforce, as the information management company plans to significantly reduce its expenses by 2025.

Unacademy
Is laying off about 250 employees in the latest in a series of job cuts after schools reopened across India following pandemic lockdowns.

Koo
Is ceasing its operations after its last-resort acquisition talks with Dailyhunt collapsed.

Upside Foods
Has cut its workforce by 26 people, CEO Uma Valeti wrote in an email to staff, as the lab-grown meat industry sees a decline in VC funding.

Sightful
Is eliminating 20 employees, amounting to a third of its total workforce, as the company shifts its focus to software development.

June 2024
RealPage
Will cut approximately 4% of its workforce as part of a plan to boost growth, though the company is also one of many within its field facing a consolidated lawsuit alleging they engaged in price fixing.