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STARTUP LAYOFFS
American company Opendoor shuts India operations, says jobs should be closer to US customersUS real estate firm Opendoor is closing its India operations. The company is moving its work back to America. This decision impacts around ...- Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
- India can take the lead in applying AI in industries: SAP CEO Christian KleinSAP CEO Christian Klein believes India can lead in applying AI to industries like manufacturing and finance, rather than just replicating l...
- Amid tech layoffs, this engineering role sees 700% surge in demand, offers salaries up to $200K; Anthropic, OpenAI, Google Cloud and McKinsey are hiringAt a time when tech companies are laying off employees, there is a surprising boom for a specific engineering role, with job postings skyro...
- Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
- 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...
- 'No email, just locked out of my laptop': Laid off Webflow employee calls out CEO, says 'I'm certain she would have the dignity to...'Webflow CEO Linda Tong faced criticism after a Canada-based employee was locked out of his laptop and company accounts without prior notifi...
- OpenAI Foundation commits $250 million to help workers, economies navigate AI disruptionThe OpenAI Foundation is dedicating $250 million to address AI's impact on jobs and economies. This funding will support research, aid disp...
- From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
- Meta layoffs hit India; Local VCs eye Wispr Flow fundingHappy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's E...
- This Gujarat couple turns factory waste into affordable construction bricks that stay cooler in summer and absorb pollutionIn Gujarat, a startup named Co2ncrete is tackling India's housing shortage and industrial waste by building prefabricated homes from factor...
- What happens when investors stop SIPs during crises–real investors, real panic, and the real cost of walking awayFrom a cancer diagnosis in Kolkata to a layoff in Bengaluru to Covid panic in Agra—real investors, real crises, and the real cost of walkin...
- Accidental discovery of a career hack? Employee quits stable job for flashy startup role, returns months later to same desk with an 8% raiseA Reddit user who quit a stable job for a higher-paying startup role says the move backfired after “inept and clueless” leadership overwhel...
- Problems disappeared when I let them go: Bolt’s Ryan Breslow explains why he laid off his entire HR teamBolt CEO Ryan Breslow defended significant layoffs and the removal of the HR department, attributing these drastic measures to a need to re...
- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
- Intuit to cut 17% of global jobs to streamline operations, memo showsIntuit is cutting around 3,000 jobs globally. This move aims to simplify operations and boost focus on key areas, especially artificial int...
- Sacked H-1B staff asked to do more B-2 paperworkTech giants such as Amazon, Oracle, and Meta have laid off thousands of employees in the past few months, and a large number of the affecte...
- ‘Fortune cookie wisdom’: Shark Tank’s Anupam Mittal trashes startup advice amid tech layoffs, reveals when he got laid offTech sector layoffs are widespread. Anupam Mittal shares his 2001 job loss experience. He criticizes the advice to start companies using AI...
- India crowns Meta AI; More layoffs hit techIndia is now the ground zero for Meta’s AI push, WhatsApp chief Will Cathcart told us. This and more in today's ETtech Top 5.
- 'Chai stall' to 'Papa ki kirane ki dukan': What Indian techies say they’ll do if fired tomorrowA 23-year-old software professional's question about backup plans after potential job loss sparked a candid online discussion among Indian ...
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