Tag: Layoffs

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Predictions

Alibaba Cuts Metaverse Operations With Dozens Of Layoffs, Shifts Focus To AI

Alibaba Group Holding is shrinking its metaverse ambitions, making it the latest tech giant to pull back from spending in an area that was...
Exchange News

Kraken Layoffs Around 400 Employees Amid Leadership Change & Industry Challenges

US-based cryptocurrency exchange Kraken has announced significant layoffs, letting go of 15% of its workforce, or roughly 400 employees, as part of a strategic...