Tag: Layoffs

[ad_1] Yes, the bear market weeds out the bad actor, but it also forces the existing players to rethink their business strategies to offset resultant losses. In this effort, crypto exchange Bybit announced mass layoffs for the second time in 2022. Ben Zhou, the co-founder and CEO of Bybit,...

[ad_1] Snap Inc’s CEO Evan Speigel announced in a note on Friday that the company had made the difficult decision to reduce the size of its workforce by approximately 20%.  The note said that this round of layoffs comes after the company experienced slow revenue growth, a slump in stock...