Inmobi fires 200

Few folks from USA and London team have been fired. If things continue the way they’re then many more could be fired.

Major advertising revenue comes from North America, and a recession there means huge advertising spend cuts by big ...

tl;dr

1. Across the year, more than 149,000 employees in tech were laid off from January through November 2024 alone, with August 2024 seeing the highest single-month total exceeding 26,000 job cuts.
2. Major global tech giants (...

• BeepKart, a used two-wheeler marketplace, has laid off around 130 employees in three rounds over the past five months.
• The Bengaluru-based startup also closed six of its 11 stores in Bengaluru and Chennai as part of a cost-cu...