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INSTACART LAYOFFS
Dunzo’s survival hinges on Reliance; Q&A with Instacart founder Apoorva MehtaReliance Retail, which is an investor in Dunzo, is yet to sign off on a much-needed capital infusion in the cash-strapped company. All abou...
11 Dec, 2023, 10.43 AM IST
Dealshare fires 130, shutters B2B vertical; SoftBank, Oyo parent Oravel partner for premium hotelsEcommerce platform Dealshare has sacked 130 employees and shut down its business-to-business vertical, just over a month after Vineet Rao s...
22 Sep, 2023, 11.19 AM IST
Instacart soars 40% as it begins trading, an encouraging sign for tech IPOsInstacart's market capitalization, including all outstanding shares, totaled $13.9 billion. But even with the stock price pop, the company'...
19 Sep, 2023, 11.30 PM IST
Public markets pricking the valuation bubble & other top tech, startup stories of this weekAfter a slowdown in technology IPOs in 2022, several tech companies including Arm, Instacart, and Klaviyo have returned to raise funds from...
16 Sep, 2023, 08.03 AM IST
2022 | The year of governance misses, layoffs, a funding winter & regulatory diktatsIn the span of a year, the technology world went from euphoria to turbulence – be it in the stock markets or in the private funding space. ...
28 Dec, 2022, 09.26 PM IST
Elon Musk to axe 75% of Twitter staff; Delhivery shares continue downward spiralA report in The Washington Post suggests that Tesla and SpaceX boss Elon Musk plans to fire 75% of Twitter’s staff once he takes over the c...
22 Oct, 2022, 09.43 AM IST
‘No longer sure bets’: Tech giants are dropping bad news dailyThe drumbeat continued yesterday, as Tesla Inc. Chief Executive Officer Elon Musk told employees the electric-vehicle maker needs to reduce...
05 Jun, 2022, 06.38 PM IST
ETtech Morning Dispatch on Feb. 5, 2021: The Delhi Police-Greta Thunberg-Twitter TrainwreckDelhi Police files FIR after Greta Thunberg tweets farmers' protest 'toolkit'. Pandemic hiring at Indian startups. Uber, Ola and Meru mean ...
05 Feb, 2021, 09.12 AM IST
Instacart to lay off shoppers in shift to pick-up ordersInstacart has seen business soar as people avoid grocery stores due to the risk of Covid-19.
22 Jan, 2021, 11.40 AM IST
Millions of jobs could be permanently lost in reallocation shockThe pandemic is inflicting a “reallocation shock” in which firms and even entire sectors suffer lasting damage.
15 Jun, 2020, 06.11 AM IST
Slowdown takes toll as online retailers like Flipkart, Jabong hand out pink slipsAbout one-tenth of Flipkart's workforce, are being shown the door, according to at least three people with direct knowledge of the developm...
15 May, 2013, 07.09 AM IST