Sunday, January 29, 2023
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Software-as-a-service (SaaS) firms are all set to touch an annual revenue run rate (ARR) of $35 billion till 2027, revealed a new report by Bain & Company

In October 2022, Spotify laid off 38 employees from Gimlet Media and Parcast podcast studio

The survey suggests that a majority of respondents are at least checking out the recommended product or service by the influencers

The layoffs came at a time when the company was considering slowing down its hiring process

Prior to Scale AI, Amazon announced plans to fire 18,000 employees globally

The company will also shut down several projects

The company said it will study the complaints and is fully cooperating with the Commission's investigation

Meta also took down a network of about 900 fake accounts on Instagram and Facebook operated from China by an unknown entity

The discussion took place last week when Nick Clegg, Meta's president of global affairs met Union IT Minister Ashwini Vaishnaw and other senior officials from MeitY 

While many CEOs who went on a guilt trip after announcing retrenchments assured assistance to their sacked employees, it remains questionable how serious are they about keeping their promise