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Udaan, the prominent business-to-business (B2B) marketplace founded in 2016 by former Flipkart executives, recently made headlines by securing a substantial $340 million in Series E funding.
This decision is part of a broader initiative aimed at restructuring Etsys' business model and optimizing operational costs.
Hasbro aims to achieve cost savings ranging from $350 million to $400 million by 2025. Hasbro is currently in the process of downsizing its workforce by 1,100 employees, following the 800 job cuts implemented in January.
Austin Frazier Jr., CFO of Katherine Shaw Bethea Hospital, provides insights into challenges and future for hospital.
This is the third and most substantial round of layoffs for Spotify this year, a move attributed to pressure from an activist investor.