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Uber Freight, the division of rideshare company Uber Technologies, announced on Tuesday that it will be cutting around 150 jobs, or roughly 3% of its total workforce. The decision was made as a result of the economic uncertainty currently affecting the demand for shipping services. The Uber Freight layoffs will impact the digital brokerage team […]

Fidelity National Information Services (FIS) is a payments technology company that recently announced an enterprise transformation program aimed at cutting $500 million in costs. This program has resulted in layoffs for thousands of employees at the company. The program is a starting point for the company, and the cost-cutting efforts are expected to continue into

DoorDash, the leading food delivery company, recently announced that it is laying off around 1,250 workers, or 2% of its total workforce. The decision is a result of the company’s rapid growth during the Covid-19 pandemic, which led to an increase in operating expenses. The company’s CEO, Tony Xu, acknowledged that the company didn’t manage

OYO, one of the largest hotel and real estate companies in India, has recently announced layoffs amid financial difficulties. The company, which was valued at $10 billion in 2020, has seen a decline in revenue due to the COVID-19 pandemic and increased competition in the industry. This has led to the current OYO financial crisis

The effects of a recession on the job market can be devastating. With a decrease in economic activity, many businesses are forced to scale back their operations, resulting in layoffs and a decrease in overall job opportunities. It is not a pretty picture, and it can be difficult to know where to begin when looking

Google Layoffs have been making headlines recently, as the tech giant announced plans to cut 6% of its global workforce, affecting around 12,000 jobs. This move has come as a surprise to many, as Google has long been known as one of the most desirable places to work in the tech industry. However, as the