layoffs

EXCLUSIVE Grab sees no big layoffs despite market weakness

EXCLUSIVE Grab sees no big layoffs despite market weakness

A man walks past a Grab office in Singapore March 26, 2018. REUTERS/Edgar su Join now for FREE unlimited access to Reuters.com Register SINGAPORE, Sept 25 (Reuters) – Grab, Southeast Asia’s largest ride-hailing and food delivery company, is not planning massive layoffs like some rivals have, and is hiring more selectively, while moderating its ambitions …

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Exclusive-Grab sees no big layoffs despite weak market

Exclusive-Grab sees no big layoffs despite weak market

By Anshuman Daga and Xinghui Kok SINGAPORE (Reuters) – Grab, Southeast Asia’s biggest ride-hailing and food delivery company, is not planning massive layoffs like some rivals have, and is hiring selectively, while moderating its ambitions in financial services. Chief operating officer Alex Hungate said that at the start of the year, Grab was worried about …

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Disney Loses Its 'Magic', Twilio Layoffs and More: 5 Things to Know From Monday

Disney Loses Its ‘Magic’, Twilio Layoffs and More: 5 Things to Know From Monday

Find out what clicks on FoxBusiness.com Here are the main events happening on Mondays this could have an impact on trade. A NOT SO MAGICAL REALM: According to a recent study, the majority of “self-proclaimed Disney World goers” say the Florida theme park has “lost its magic” due to soaring costs. A study by gambling …

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There remain concerns regarding profitability and ability of agritech startupa to remain economically viable.. Istock

What’s going on in India’s highly regarded agritech startups?

At the beginning of 2021, in the book, Shifting Orbits, in the chapter on Agritech, I had written the following: “There is a general upward trend both globally and nationally regarding the prospects in agritech which has resulted in valuations outpacing company fundamentals. Large peripheral start-ups with very thin margins remain vulnerable in the medium …

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What the high-profile layoffs at Snap, Netflix and other companies could mean for the economy

What the high-profile layoffs at Snap, Netflix and other companies could mean for the economy

For months, tech companies announced round after round of layoffs as the U.S. economy slowed and fears of a recession grew. Although the headlines sound dismal, labor economists say the layoffs don’t necessarily signal a major downturn in other industries. So far this year, more than 41,000 tech workers have been laid off, according to …

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