Upwork announced a 21% workforce reduction, about 160 jobs, despite a $28 million quarterly profit on $194 million in revenue.…
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Fragmented Tools Strangle Growth as Consolidation Rescues Customer Data
Fragmented software tools undermine growth, but consolidation around a central CRM resolves the problem. According to the article, duplicate applications…
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AI startup Callosum lands £73.5m seed round amid 72% UK funding plunge
London’s AI infrastructure startup Callosum dominated UK tech funding between 17 and 21 August, securing a £73.5m seed round. Total…
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Slack Slashes 10% of Staff After Salesforce’s $27 Billion Takeover
Slack is cutting roughly 10% of its workforce one day after parent company Salesforce announced sweeping layoffs. Business Insider first…
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Broadcom CEO Scraps Remote Work After $69 Billion VMware Takeover
Broadcom has confirmed 1,267 layoffs at VMware’s Palo Alto operations, with terminations set for January 26, 2024, following its $69…
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₹82,900 iPhone 17 Leads Sibling Gifts That Outlast Traditional Sweets
An iPhone 17 starting at ₹82,900 leads a list of practical tech gifts for Raksha Bandhan that outlast traditional sweets.…
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Chegg slashes 441 jobs as ChatGPT decimates its homework empire
Chegg is laying off 441 employees, nearly 25% of its workforce, as the education technology company struggles against free AI…
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Nigeria’s 339 Tech Hubs Undergo National Standards to Spread Startups Beyond Lagos
Nigeria’s 339 tech hubs face a new national standardization policy meant to distribute startup growth beyond Lagos. The initiative, reported…
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€2.8B floods European tech as 70 deals reshape funding landscape
Europe’s tech sector recorded over 70 funding deals worth €2.8 billion this week, led by cloud infrastructure, fintech, and energy.…
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€20 Million Tech Center Led by Former Intern Land Spain’s Top Innovation Prize
Laura Olcina, who began as an intern at ITI in 1998 and became its director at 29, has won Spain’s…
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