Browsing: Redundancies
Checkr, a 10-year-old startup that offers employee background checks and was last valued at $5 billion in April 2022, has laid off 382 employees as companies…
Agility Robotics confirmed Thursday that it has laid off a “small number” of workers. The well-funded Oregon-based company says the job losses are part of the…
ChowNow, the online ordering platform and marketing service for local restaurants, has acquired Cuboh, a Y Combinator-backed point-of-sale (POS) platform that aggregates all orders from delivery…
Startup Banking-as-a-service (BaaS) Synctera has undergone a restructuring that has resulted in downsizing, the company confirmed to TechCrunch. While Synctera did not share how many employees…
Phantom Auto, a remote-driving startup launched seven years ago amid self-driving technology, is shutting down after failing to secure new funding, according to TechCrunch. The company,…
Turnitin laid off staff earlier this year after its CEO predicted AI would allow it to cut headcount
By techtost.com
People worry that advances in AI will lead to job losses, but rarely does a company’s CEO openly admit that AI will help reduce their workforce.…
Motion, the autonomous vehicle company born out of a joint venture between Hyundai Motor Group and Aptiv, told employees on Wednesday that it will cut about…
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Rivian is laying off 10% of its salaried workforce in an effort to cut costs in an increasingly difficult electric vehicle market, putting even more pressure…
Grammarly lays off 230 employees globally as part of ‘business restructuring’, company says was announced this week. The layoffs are part of Grammarly’s efforts to advance…