Tag: lays
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Amazon competitor Zulily curtails operations, lays off hundreds
Amazon competition Zulily, which was once valued at $7 billion, is laying off hundreds of employees in the US while shutting down operations, according to media reports and state filings.Zulily will lay off 292 workers in Seattle and elsewhere in Washington, effective from February 7, according to a notification from the state Employment Security Department,…
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Twilio lays off 5% of employees in unit activists want to divest
Jeff Lawson, chief executive officer of Twilio Inc., during the Singapore FinTech Festival in Singapore, on Friday, Nov. 17, 2023. Lionel Ng | Bloomberg | Getty Images Software provider Twilio said Monday it would lay off roughly 5% of its workforce, or around 400 employees, citing underachievement in the growth of a unit that activist…
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Amazon lays off about 5% of workforce at Buy with Prime unit
Amazon.com said on Thursday it is laying off fewer than 5% of employees at its Buy with Prime unit. Launched in 2022, Buy with Prime gives retailers, who are not Amazon merchants, fulfillment and delivery services through its logistics network. Elevate Your Tech Prowess with High-Value Skill Courses Offering College Course Website IIM Lucknow IIML…
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Trend Micro lays off 2% of its global workforce
Krisanapong Detraphiphat | Moment | Getty Images Trend Micro has laid off 2% of its overall workforce. The Japanese cybersecurity giant, which employed 7,582 employees as of June 2023, announced the layoffs Tuesday, pitching it as part of a business transformation plan. “Trend Micro informed 2% of its worldwide team that their roles were eliminated,”…