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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 B2B e-commerce startup is going to lay off more than 30% of its workforce.
Update: Udaan on Thursday announced a second round of layoffs this year. The number is estimated to be upwards of 30% of its workforce, or around 1,000 people, according to multiple employees of the company.
B2B e-commerce startup Udaan is going for another round of layoffs as it continues to revamp its operations, according to three people who asked not to be named. It’s going to be a significant number, although we couldn’t ascertain the exact figure since the workforce includes people involved in ground operations, who aren’t classified as employees.
This would be Udaan’s second round of job cuts …
The UAE is looking at its first public listing of the year while Egypt just delivered a big one; OpenAI’s bugging accused has ties to Saudi Arabia; and other updates from the week.
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
A churn in venture capital collides with the fear of missing the AI wave, while the Ajay Singh-led airline’s recurring crises raise deeper questions.
