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Business

150 employees are laid off from tech upskilling startup Scaler

Scaler, a tech business that upskills workers, let go of about 150 workers, citing sustainability and long-term growth. Since its founding in 2019, this is the first time the Bengaluru-based company has experienced layoffs. “At Scaler, we have long held the view that education-especially tech education-is a fundamental human necessity. Read more…

By Pratik Patil, 1 yearApril 11, 2024 ago
Business

After publicly discussing recession in the tech industry, a Bengaluru techie was terminated

The IT industry is seeing a surge in high-skill gig workers amid cost-cutting and layoffs, driving the gig economy’s expansion and providing chances for experts. After posting a critical tweet on the state of the tech business on Twitter, a programmer from Bengaluru was quickly fired the next day. Just Read more…

By Pratik Patil, 1 yearFebruary 10, 2024 ago
Business

Announcing the layoff of 10 percent of Snapchat’s employees following a decline in revenue

Snap, the parent firm of Snapchat, has recently joined the ranks of digital corporations aiming to reduce labor costs by reducing staff. On Monday, Snap revealed that it intends to let off roughly 10% of its full-time employees worldwide as the firm continues to struggle with revenue products in the Read more…

By Pratik Patil, 1 yearFebruary 6, 2024 ago

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Global Stats is an extensive repository of the latest curated news from various industries such as health, sports, travel and lifestyle across the globe. We provides news, latest stories, and events that shape the trends of the market

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