Paytm shares rebound; Tata builds India's first spy satellite
Troubled fintech major Paytm has seen a rebound in its stock, which jumped over 10% in the last two trading sessions. This and more in todays ETtech Top 5.
Source: indiatimes.com
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Top News In Layoff Wave Today - Breaking & Trending Today
Layoff wave: Clothing brand Gap to fire 1,800 people as it initiates another phase of job cuts
After slashing its workforce by 500 employees to save costs, apparel giant Gap has announced another round of layoffs.
Source: freepressjournal.in
Tech layoffs : Unacademy to fire 12% of workforce in another round of layoffs
Unacademy, an edtech startup, announced on Thursday another round of layoffs, cutting 12% of its workforce, according to an internal memo sent by CEO Gaurav Munjal, as reported by ET. This comes a day after the business announced that it had separated CodeChef, an acquisition from 2020. For both students and professional programmers, CodeChef is a competitive programming environment.
Source: freepressjournal.in
Layoff Wave: Disney to fire 7000 employees this week in first round of job cut
According to CNBC, the job losses will effect Disney's media and distribution segment, as well as ESPN and the parks and resorts division.
Source: freepressjournal.in
Layoff wave: Europe's top fashion e-tailer Zalando to fire 5% of its staff
With high inflation hitting the spending capacity of consumers across the globe, Zalando is expecting a dip in revenues and profits.
Source: freepressjournal.in