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Posts Tagged ‘ Layoffs ’

eBay fires product, tech team in India

Wednesday, November 9, 2016 | More »

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US-based online selling platform eBay Inc has laid off the entire product and technology team from its India development centre in Bengaluru, citing a review in operational structure. A spokesperson for the company confirmed the development. “As a normal course of business, eBay regularly reviews ...

Rishi Jaitly

Twitter’s India head Rishi Jaitly quits

US-based micro-blogging platform Twitter Inc’s India head Rishi Jaitly is leaving the firm after a four-year stint, amidst reports of a potential sale of the company. Jaitly, who is at the helm of Twitter’s India operations as vice president of Asia Pacific and Middle East businesses, revealed o...

1 November, 2016 | More »

job cut

Twitter may cut more jobs as future remains uncertain

Microblogging platform Twitter Inc. may cut about 300 jobs, or 8% of its workforce, Bloomberg reported, citing people familiar with the matter it didn’t name. The San Francisco-based company could announce the layoffs as early as this week, Bloomberg said. The number of planned job cuts could chan...

25 October, 2016 | More »

job cut

Why Twitter’s job cuts in Bengaluru isn’t a surprise

Twitter Inc.’s decision to cut jobs at its Bengaluru development centre is the latest indicator of problems at the micro-blogging platform that has been buffeted by weak user growth, tepid earnings and a slump in share prices. The Silicon Valley-based company said on 19 September that it had decid...

20 September, 2016 | More »

Ola

Ola shuts TaxiForSure unit, lays off up to 1,000 people

Cab-hailing company Ola has shut its TaxiForSure unit and is laying off as many as 1,000 employees, as the SoftBank Group Corp-backed firm tightens its belt to take on US-based rival Uber. According to at least half-a-dozen people with the direct knowledge of the development, about 90% of the staff ...

16 August, 2016 | More »

TinyOwl7

TinyOwl shuts operations in all cities except Mumbai

TinyOwl has finally pulled down the shutters on its food ordering business after struggling to restructure it for several months. It is likely to come back as a full-service delivery app. The food ordering app, which in November last year saw several sacked employees in Pune holding co-founder Gaura...

23 May, 2016 | More »

Flashdoor-

Exclusive: Laundry startup Flashdoor closes operations

Flashdoor, a Bangalore-based on-demand laundry service platform, has pulled down its shutters. This comes just a few months after it raised funding from former Flipkart executives Ankit Nagori and Sujeet Kumar. Confirming the development, Flashdoor co-founder Ankit Agarwal told Techcircle.in that th...

19 May, 2016 | More »