Getaround, a company that helps vehicle owners rent out their cars, trucks and SUVs to other peers, is cutting 30% of its North American workforce as part of a restructuring. The company said in a statement it will restructure its workforce and operations to reduce costs in hopes of extending its cash runway and accelerating … Read more
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“I regret having to share that we are taking the painful step to reduce our headcount by just over 500 people across Twitch,” Clancy wrote. “This will be a very hard day.” In the announcement, Clancy noted that Twitch paid out over $1 billion to streamers last year, remarking that “while the Twitch business remains … Read more
Ever since Elon Musk acquired Twitter for $44 billion final yr, it has been a extensively agreed upon stance that he tremendously overpaid for the social media platform. Nonetheless, the quantity wherein he overpaid appears to be widening post-acquisition. Based on Constancy(opens in a brand new tab), Twitter is now price round 33 p.c what … Read more