IKEA-backed home design and decor startup Livspace has recently laid off 15% of its workforce as coronavirus turmoil impacts the company’s business. The company has also cut its expense by 25-30% in order to save itself from further losses. The recent development comes just a month after the company said that it had not resorted…
The coronavirus outbreak and a followed lockdown has caused huge losses to the corporate world. With organizations closing in on their offices, sending employees to work-from-home until the crisis in over, global economy has come to a halt. Lately, there have been many reports about companies laying off employees or sending them on furlough in…