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Indonesia's biggest tech firm PT GoTo Gojek Tokopedia Tbk said today it was laying off 1,300 workers, or 12% of its workforce, joining a wave of technology firms retrenching after years of rapid hiring due to an uncertain economic outlook.
It is also expected to lay off more staff in the future. According to TechCrunch, citing a tweet by tech startup layoffs tracker Layoffs. fyi, micromobility company Bird plans to lay off 23% of its total workforce.
2TM Participacoes SA, the holding company that owns Brazils Mercado Bitcoin SA, has dismissed about 90 employees, more than 10% of its workforce, according to people familiar with the matter.
Get latest articles and stories on India at LatestLY. In the wake of terrorists shooting dead a woman teacher in Jammu and Kashmir, External Affairs Minister S Jaishankar on Tuesday said terrorism will not end in one day and expressed confidence in winning the ongoing battle against extremism. India News | Kulgam Killing of Teacher: Terrorism Will Not End in One Day, Says EAM Jaishankar.
Get latest articles and stories on India at LatestLY. The Delhi High Court on Tuesday listed for hearing the pela moved by Gangster Lawrence Bishnoi. He moved High Court after his name surfaced in the singer Sidhu Moosewala murder case. His plea was mentioned before the bench of the Acting Chief Justice. It is likely to be heard on Wednesday. India News | Delhi HC Lists Plea Moved by Gangster Lawrence Bishnoi for Hearing Tomorrow.