Tag: staff

  • a16z-backed fintech Synapse lays off 40% of its staff

    Even the brightest stars can experience turbulence in the fast-paced finance industry, where innovation rules supreme. With the revelation of significant layoffs, Synapse, a financial firm with headquarters in San Francisco, shocked the sector. This is the second round of employee cuts in recent months. We investigate the specifics of these layoffs, the unique history…

  • Tumblr Faces Staff Exodus: CEO Optimistic Despite Challenges Shake-Up at Tumblr

    In a surprising turn of events, Tumblr, the microblogging platform owned by Automattic, is set to lose a significant portion of its product and marketing staff by the end of the year. The revelation came through a leaked internal memo posted by internet statesman Andy Baio on Thursday, shedding light on the restructuring plans at…

  • Salaries of senior Jet Airways staff paid by mosquito coil maker: ED

    A company called S A Sangani & Associates has accused Jet Airways (India) Ltd (JIL) of irregularities pertaining to the payment of top personnel’ salary. These allegations were recently made public by the Enforcement Directorate (ED), which also revealed the airline’s dubious business methods and the involvement of other companies in the payment processing. We’ll…