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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The two startups are seemingly doing well, leaving affected employees wondering about the real reason for the job cuts.
Layoffs have been a hot-button issue this past week in Indian tech. One would assume that this subject is well understood, considering that the concept of retrenchment has been around for as long as companies have. Except that doesn’t seem to be the case. Two specific cases merit discussion. First, Freshworks.
Earlier this week, Freshworks announced that it is laying off about 660 employees—nearly 13% of its global workforce—as part of an overall restructuring plan. In a regulatory filing with the US Securities and Exchange Commission, the Chennai-founded and San Mateo-headquartered company explained that this exercise is to align the …
Big AI moves in the Middle East this week, Saudi Arabia-backed LIV Golf files for bankruptcy and other updates.
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
