Layoffs have become an everyday news during the ongoing coronavirus pandemic. There have been numerous reports from the talent ecosystem about companies handing over pink-slips to employees to survive the crisis and conserve cash. Though most of the job cuts so far were only limited to medium or junior level employees, in a very surprising…
US-based HR-tech company Namely has reportedly downsized 40% of its staff including some senior level executives and CxOs. According to a TechCrunch report, the eight-year-old startup has laid off over 400 employees or 40% of its workforce. The cuts are across the board, from high-ranking staffers, including a CFO who was brought on almost exactly two…