Cost Cutting Exercise
- Technology
Apple may switch technology behind A17 Bionic chip to cut costs next year
San Francisco: Tech giant Apple will reportedly switch technology behind the A17 Bionic chip in order to cut costs next year. According to a rumour, the A17 Bionic chip that will be…
- Technology
Fintech unicorn Taxfix lays off 120 employees to cut costs
London: Europe’s leading mobile tax platform Taxfix has reportedly laid off 120 employees, or 20 percent of its workforce, amid funding winter to cut costs. The job cuts come in the wake…
- Business
Meta to cut employee bonus payouts in fresh cost-cutting move
San Francisco: After laying off 21,000 employees in two job cut rounds, Meta (formerly Facebook) is further looking to cut costs, and has reportedly plans lower bonus payouts for some workers in…
- India
Ola begins layoffs, pauses appraisals in cost-cutting exercise
New Delhi: Ride-hailing platform Ola has started laying off employees, as many as 500 from its nearly 1,100-strong workforce, across verticals as it aims to cut costs amid a challenging funding environment.…
