Indonesia-based tech startup Gojek recently announced that it is laying off about 9% of its total workforce amid the coronavirus pandemic. The recent downsizing exercise at the company is expected to affect about 430 employees. In an official statement, the company said that the layoffs are part of a “long-term response to the Covid-19 pandemic”…
CEO exits have become quite frequent over the years. With dipping business performance, ethical lapses, closer investor scrutiny, government and regulatory scrutiny, public scrutiny and need to ensure that an organization appears responsible – CEOs who fall on any parameter are shown the door. In the US, 1160 CEOs have quit till date (Sept 2019). The…