eBay Could Exit NFT Sector, Reportedly Trims Web3 Team

eBay, the US-based ecommerce giant, is reportedly planning to bow out of the NFT space. As…

Near Protocol Crops Work Force Marking 2024’s First Layoff in Web3

The first two weeks of 2024 saw major upheaval with the excitement around the approval of…

Here’s Why Crypto Exchange CoinSwitch Trimmed Its Customer Support Team

The global crypto market, that is currently undergoing a slump, could be losing community members who…

Netflix Plans to Cut Spending by $300 Million; No Layoffs Expected: Report

Netflix plans to cut its spending by $300 million (nearly Rs. 2,465 crore) this year, the Wall…

LinkedIn Said to Cut Over 700 Jobs, Shut Down China Focussed InCareers App

LinkedIn, the social media network owned by Microsoft that focuses on business professionals, said on Monday…

US Company Throws Lavish Party For Employees, Then Lays Off 13 Per Cent Workforce

Many employees termed the layoffs as “unexpected”. US-based cybersecurity firm Bishop Fox laid off 13 per…

Meesho Lays Off 15 Percent Workforce to Cut Costs, Achieve Profitability

E-commerce firm Meesho has laid off 251 employees constituting 15 per cent of its workforce to…

Meta Lays Off Tech Teams as Employees Express Frustration With Job Cuts

Meta Platforms on Wednesday carried out another round of job cuts, this time hitting engineers and…

Apple To Cut Small Number Of Jobs In Some Corporate Retail Teams: Report

Apple is eliminating a small number of roles within its corporate retail teams, a Bloomberg report…

Credit Suisse and UBS Merger Could Cost 36,000 Jobs: Report

The merger between banks Credit Suisse and UBS could see up to 36,000 jobs worldwide. The…