Intel brought back free coffee and snacks for employees "to boost morale" ☕🍪.
Earlier, Intel had laid off 15% of its workforce, taken away bonuses, canceled vacations, and stopped paying for employees' transportation and internet.
Cash-strapped Dunzo cuts workforce to 50 as it searches frantically for capital
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BENGALURU :Reliance Retail-backed Dunzo has laid off 150 employees in a fresh round of layoffs, leaving the e-commerce delivery firm with just 50 employees in its c
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1 replies4 likes
Rajan Paswan
Honorary Mentions - ... • 10m
Amazon's "Pay to Quit" Program!!
The Problem:
Amazon wanted to ensure its workforce was composed of dedicated and motivated employees, particularly in its fulfillment centers, where job satisfaction can directly impact productivity and morale.
The
Klarna Stopped Hiring Humans A Year Ago Because Of AI
By
Applyly
December 16, 2024
Klarna, a Swedish fintech giant, has reshaped its workforce strategy, leveraging artificial intelligence (AI) to replace traditional roles. Over the past year, Klarna’
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0 replies3 likes
gray man
I'm just a normal gu... • 26d
Ola Announces Major Layoffs, Impacting Around 1,000 Employees Across Multiple Departments
Indian ride-hailing giant Ola has reportedly laid off approximately 1,000 employees as part of a broader restructuring effort.
The job cuts primarily affect
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0 replies14 likes
Pradeep Chaudhary
Co-founder & Product • 24d
JioHotstar to Lay Off 1100+ Employees?
In a significant development following the merger of Reliance Jio and Disney, JioHotstar has reportedly laid off 1,100 employees. This decision comes despite the platform achieving a record-breaking 669 million
In 2018, he threw a $2 million party to show off his startup’s success.
Private jets. Celebrities. Live music.
But just a year later, his over-the-top lifestyle cost his company $47 billion.
Here’s how one CEO’s bad decisions destroyed a billion-d
Top News of the Week:
1. Funding:
- On a weekly basis, startup funding declined 28% to $222.7 million as compared to around $310 million raised during the previous week.
- During the week, as many as 27 Indian startups raised nearly $222.7 millio
Day - 02 🔥 (Summary)
Topic:- Team and Execution (Sam Altman)
The lecture covers key aspects of team dynamics and execution in startups, including co-founder relationships, hiring strategies, and the importance of decisive action.
▫️Fast-Growing
Top News of the Day:
1. Australia fines Telegram for delay in answering child abuse, terror questions
2. Meta recently laid off 3,600 employees and announced significant bonuses for its executives, increasing them to 200% of their base salary.
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Top News of the Week
1. Funding:
- Last week, 27 early and growth-stage startups cumulatively raised around $466.45 million in funding.
- In the growth-stage funding landscape, data analytics and AI solutions provider Impetus Technologies raised $
