United Parcel Service (UPS) plans to cut about 12,000 jobs this year to save a total of $1 billion in costs. Announced on Tuesday, UPS linked the job cuts to
Tag "Layoffs"
PayPal Holdings Inc. has announced that about 9 percent or 2,500 of its global workforce will be sacked in 2024. Alex Chriss, chief executive officer (CEO) of PayPal, disclosed this
Google says it will lay off several hundreds of employees as part of its plans to restructure. According to Business Insider, Philipp Schindler, Google’s chief business officer, informed staff in
Kippa, a financial technology (fintech) firm, says it is discontinuing its offline payments product, also known as KippaPay. This is coming less than two years after the product was launched.
Jumia, a pan-African e-commerce platform, says it laid off over 900 workers in order to reduce its cost of operation.
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