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RE: LeoThread 2024-11-04 21:34

in LeoFinance11 hours ago

Planet
Intends to lay off roughly 180 employees, amounting to 17% of its workforce, according to an SEC filing that amounts to its second recent round of layoffs.

Moxion Power
Is laying off more than 100 employees, according to a WARN filing. The news of the cuts comes after the company launched a large office expansion in Richmond, California.

eBay
Is reportedly conducting layoffs in Israel as it goes through a global restructuring.

BeReal
Is reportedly cutting a large number of its staff after being acquired by French gaming company Voodoo.

Flutterwave
Has laid off about 30 people, accounting for 3% of its workforce, as it refocuses its business to enterprise.

Ginkgo Bioworks
Terminated 158 employees, with another batch of layoffs expected to come as the company aims to reduce its workforce by 25%.

Moovit
Is making cuts to 10% of its workforce, impacting around 20 to 25 employees.