Virtual events startup Hopin has cut 29% off its staff, or 242 people, TechCrunch reported. This is its second round of layoffs this year. In February, the startup trimmed 12% of its workforce, after demand cooled for its video conferencing services. The startup cited macroeconomic pressures as a reason for the most recent layoffs and said it implemented a hiring freeze, according to the report....
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Amazon Takes Its Time Delivering Second Round of Job Cuts
Amazon is in the lead! The e-commerce behemoth has moved ahead of Alphabet in the contest to win this year’s IBM Cup, awarded occasionally to the most bureaucratic and slow-moving big tech company around. That’s one takeaway from Amazon CEO Andy Jassy’s explanation today for cutting another 9,000 jobs, on top of the 18,000 layoffs already announced. Jassy said in November the job cuts flowed...
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