Tag: layoffs
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Affirm sheds workers
Affirm Holdings Inc, a fintech company that offers buy-now-pay-later services, has announced that it will be laying off a portion of its workforce in an effort to streamline operations and cut costs. The company, which went public last year, has been facing challenges as competition in the BNPL space heats up and consumer spending habits…
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Worldline plans to reduce its workforce by 8%
Worldline Plans to Reduce its Workforce by 8% Worldline logo Worldline, a leading global provider of payment and transactional services, has announced its plan to reduce its workforce by approximately 8%. This decision comes as a part of the company’s strategic restructuring efforts to optimize its operations and maintain its competitive edge in the…
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Deutsche Bank to cut 3,500 jobs
Deutsche Bank, one of Germany’s largest financial institutions, has announced its decision to slash 3,500 jobs as part of a major restructuring plan. This move comes as the bank tries to improve its profitability and cope with the effects of global economic uncertainties. The job cuts, which amount to approximately 7% of the bank’s global…
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Grabango lays off employees across several departments
In unfortunate news today, the tech-based retail startup Grabango has announced its decision to lay off employees across multiple departments. This move comes as the company faces unprecedented challenges in the current economic climate. Grabango, known for its cutting-edge checkout-free technology that allows customers to shop without waiting in line at the cash…