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IT reworks hiring for Gen Z; HCLTech CEO on AIHappy Thursday! India’s IT sector is seeing a sharp rise in replacement hiring as Gen Z professionals switch jobs faster. This and more in ...- Swiggy's Instamart rejig; Smaller UPI firms gainHappy Thursday! Swiggy's recent move to restructure its Instamart business may be a step towards a larger pivot. This and more in today’s E...
- Emversity parent Beyond Odds Technologies raises $5 million in round co-led by Z47, LightspeedAlteria Capital and Innoven Capital also participated in this round, which was a mix of equity and debt. The funds will be used by the skil...
- Microsoft-owned LinkedIn fires 716 employees in fresh round of layoffsThe employment-focused professional network had also announced layoffs in February this year.
- CFOs warn about job cuts in education sector in next 6 monthsAccording to a a survey of 600 CFOs by Coupa, a Cloud-based platform, 100 per cent of CFOs in the education sector responded with "reduce w...
- Most fired tech workers landing new jobs in three months: reportIn some cheer for those who have lost jobs in the ongoing funding winter and global macro-economic conditions, most laid-off tech employees...
- Healthtech startup PharmEasy lays off more employeesThe layoffs were attributed to a variety of factors, including restructuring, macroeconomic headwinds, and the ongoing Russia-Ukraine confl...
- Next year will be worse for tech than 2022: Unacademy's Gaurav MunjalGaurav Munjal's edtech startup also sacked as many as 350 employees recently in a bid to reduce costs and turn a profit
- Amazon to deliver third-party ecomm orders; ETSA winners to receive awards on Nov 19This will make the US ecommerce major a direct rival to new-age logistics firm Delhivery, Xpressbees, Ecom Express and Flipkart's Ekart, wh...
- Over 32,000 tech workers fired in US, more than 11,000 in India till JulySince April 1 this year, more than 43,000 workers from 342 tech companies/startups have been laid off across the world and over 13% are fro...
- Unacademy won't sack more workers to cut costs, CEO Gaurav Munjal clarifiesIn April, Unacademy fired around 1,000 employees to cut costs Of these, about 300 were educators who worked with Unacademy on a contractual...
- Over 22,000 techies lose jobs in US, more than 12,000 in Indian startupsStartups now say it is much more difficult to raise new funding in this gloomy environment.
- Unacademy's PrepLadder lays off 2.6% of its workforceUnacademy had acquired Chandigarh-based PrepLadder, a leading post-graduate medical entrance exam preparation platform, for $50 million in ...
- Physics Wallah turns unicorn amid edtech carnage; Rupeek lays off 200Physics Wallah joined the unicorn club after raising $100 million from WestBridge and GSV amid edtech cargnage.
- Edtech firm FrontRow lays off 145 employees, almost 30% of its teamFrontRow said the layoffs were undertaken to increase efficiencies and lengthen the company’s runway. The company said most of the layoffs ...
- Unacademy CEO warns of long funding winter; Infy CEO’s pay rose 43% in FY22Gaurav Munjal, cofounder of SoftBank-backed Unacademy, has told its employees the funding winter will last at least 12-18 months, saying th...
- Urban Company to allot Rs 150 crore in stock options to gig workersFounder Raghav Chandra said that the ‘partner stock ownership plan’ (Psop) would be similar to employee stock option plans (Esops) of compa...
- Freshworks IPO lives the American dreamFreshworks has become the first Indian software products company to list on Nasdaq, raising more than $1.03 billion from investors through ...
- What does Unacademy's move to offer stock options to teachers mean? Let's crack itCalled Tsops — teacher stock options — this recognises the value of gig workers. The move, a first by a unicorn, could be a game changer in...
- Unacademy buys PrepLadder for $50m in cash & stock dealThe entire 250-member team of the postgraduate medical entrance exam preparation platform will join the Unacademy Group, including founders...
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