Searched for
FINTECH LAYOFFS 2023
India's brain-gain moment may be starting with a crack in the American dreamAs green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally e...- ETtech Explainer: AI is writing most of the code for companies — what this meansAI is now writing a large part of code for tech companies. Google, Microsoft, Meta, and Indian firms like Meesho and Freshworks are using A...
- Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
- Meta targets May 20 for first wave of layoffs; additional cuts later in 2026The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round.
- Can AI fix your credit score? Krutrim shuts down assistant KrutiHappy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning...
- AI will cause waves of layoffs in repetitive manual jobs: QED Investors’ Nigel MorrisAI is increasingly substituting entry-level hires at call centres, and even at tax preparation and investment banking firms, said Morris. F...
- Fidelity marks down conversational AI platform Gupshup's valuation by 80% to $278 millionGupshup was valued at $1.4 billion when Fidelity first invested in the company back in 2021 through a secondary transaction. The asset mana...
- Oracle cuts 20% of India staff; War jitters stall fintech IPOsHappy Thursday! Oracle’s global job cuts have impacted 10,000 employees in India. This and more in today’s ETtech Morning Dispatch.
- US fintech startup Stripe sends layoff notices with cartoon duck image: Here’s what happenedStripe, a leading U.S.-based fintech company, mistakenly sent layoff notices with a cartoon duck image to 300 employees. The layoffs primar...
- Startups talk up funding winter, but loosen their purse stringsDuring the ongoing funding winter, several internet majors such as Paytm, Policybazaar parent PB Fintech, Flipkart failedd to control expen...
- RBI's draft rules on fintech SRO; Pixxel unveils mega facilityThe main idea behind the guidelines is to empower the fledgling sector to function and innovate responsibly even in the absence of formal r...
- 28,000 and counting: That’s the 2023 layoff data from startup landStartups have been the worst hit this year since the highs of aggressive hiring from 2021, data from Longhouse Consulting shared exclusivel...
- Startups, e-commerce companies may give fresh faces a miss this yearStartups and ecommerce companies in India are expected to reduce their campus hiring for the Class of 2024 due to a lack of visibility caus...
- Startup hiring from campuses to hit the slow lane this yearCampus hiring by startups in 2023 (from Class of 2024) will see a near 35% decline, according to a survey commissioned by ET to Ciel HR Ser...
- Layoffs and emerging opportunities in the field of technologyThe technology sector in India has seen three types of layoffs in 2022 and 2023, including major layoffs at well-funded startups due to fun...
- Slump hurts, startups go slow on hiring for mid, senior rolesAnshuman Das, cofounder and chief executive officer of staffing firm Longhouse Consulting, said there was a 50%-60% dip in hiring of senior...
- PayPal to lay off 7% of its workforce, fire 2,000 employeesPayPal's move to cut staff - a move to reduce costs- comes against the backdrop of decades-high inflation hitting the purchasing power of c...
- Ola fires about 200 employees in a fresh round of layoffsIn September, the company rescinded the retrenchment of about 200 engineers. One of the sources told ET that the current layoffs are the sa...
- Lead acquires Pearson's K-12 biz; KreditBee raises $120 million in new financing trancheEdtech unicorn Lead is set to acquire the K-12 India business of British educational services company Pearson, which has been divesting its...
- 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. ...
Load More
