Elon Musk is considering firing more Twitter Inc. employees as soon as Monday, this time targeting the sales and partnership side of the business after mass resignations among engineers on Thursday, according to people familiar with the matter. Musk had offered Twitter employees an ultimatum: either stay on and workContinue Reading
Koo – touted by many as India’s answer to Twitter – will hire some of the workers laid off by the Elon Musk-owned company, said Mayank Bidawatka, co-founder, Koo. “Very said to see #RIPTwitter and related to # to this going down. We’ll hire some of these Twitter ex-employees asContinue Reading
The State Bank of India (SBI) has launched a facility with which senior citizens can receive their pension slips on WhatsApp. Described by SBI as ‘hassle-free’ service, the feature will allow pensioners to obtain their pension slip from the convenience of their home by sending ‘Hi’ to a mobile numberContinue Reading
Food aggregator platform Zomato has confirmed that it will lay off around three per cent of its workforce across various departments in the organisation. A company spokesperson told Hindustan Times’ business website Livemint that the company witnessed a regular performance-based churn of under three per cent of the workforce. TheContinue Reading
Reuters | | Posted by Aryan Prakash Collapsed crypto exchange FTX said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganisation of some businesses. FTX, along with about 101 affiliated firms, also sought court relief to allow the operationContinue Reading
Bharat Pe co-founder Ashneer Grover has spoken out on the layoffs taking place across the world. The entrepreneur took to social media platform LinkedIn to share his piece of advice to the business leaders, warning them against being swayed by the massive layoffs carried out by Twitter’s new owner ElonContinue Reading
PTI | | Posted by Nisha Anand Federal law enforcement authorities in the US arrested an Indian American, Rathanakishore Giri, in Ohio on Friday on criminal charges related to his alleged involvement in a cryptocurrency investment fraud scheme that raised at least USD 10 million from investors. According to courtContinue Reading
Banks across India will continue to function after the All India Bank Employees’ Association called off the proposed nationwide strike. This comes after the Indian Banks Association agreed to most of their demands, PTI reported. It means that the banks will function and all the transactions will be carried outContinue Reading
Banking services are likely to be impacted on Saturday, due to a day-long strike called by the All India Bank Employees’ Association (AIBEA). However, while employees will observe the strike, online services will be available as usual. Why has the strike been called? Bank employees will protest over a hostContinue Reading
Employees, laid off in recent days by technology companies like Meta and Twitter, can apply for digital and engineering vacancies at Jaguar Land Rover (JLR), the British automobile manufacturer announced on Friday. “Following the news of large-scale job losses from technology firms, Jaguar Land Rover is opening a new jobsContinue Reading