Morgan Stanley is a multinational investment bank and financial services company that provides services to corporations, governments, institutions, and individuals. Boasting of offices in about 41 countries, the company was founded in 1935 and is headquartered in New York City. According to reports, Morgan Stanley has announced plans to lay off hundreds of employees across…
Mozilla to Layoff 60
The Mozilla Corporation was founded in 2005 and is headquartered in San Francisco, California. It is a subsidiary of the Mozilla Foundation. The corporation is responsible for the development of Internet-related applications such as the Firefox web browser, email software Thunderbird, and the Pocket article-saving app. According to reports, Mozilla has announced plans to lay…
Tesla Welcomes Stellantis To EV Superchargers
Stellantis N.V. is a multinational automotive company founded in 2021 through a merger of Fiat Chrysler Automobiles (FCA) and PSA Group. It is headquartered in Amsterdam, Netherlands. As of 2022, Stellantis was the world’s fourth-largest automaker by sales. The company manufactures and distributes vehicles under its subsidiaries including Maserati, Jeep, Peugeot, Ram, Alfa Romero, Abarth,…
Grammarly to Layoff 230
Grammarly is a cloud-based typing assistant and plagiarism detector that was initially released as a tool to assist university students with their English skills. The editor reviews spelling, grammar, punctuation, and other mistakes in English texts. It was designed by Grammarly Inc. in 2009 with its headquarters in San Francisco, USA. According to reports, Grammarly…
Getaround to Layoff 30%
Getaround is an online car sharing or peer-to-peer vehicle loaning service that helps owners rent out their vehicles to other drivers for a price. It was founded in 2009, with its headquarters in San Francisco, California. The company boasts of 5 million users and approximately 20,000 connected cars worldwide as of 2019. According to reports,…
Warner Music to Layoff 600
Warner Music Group Corp. is a multinational entertainment and record label conglomerate. It is the third-largest recording company in the global music industry. The company was founded in 1958 and is headquartered in New York City. According to reports, Warner Music has announced plans to lay off 600 employees in a bid to cut costs,…
TSMC To Build Chip Factory In Japan
Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a multinational semiconductor manufacturing and design company that is used by Apple, Qualcomm, Huawei, Intel, AMD, and Nvidia for a series of chips. The company was founded in 1987, with its headquarters in Hsinchu Science Park, Taiwan. It is regarded as one of the largest semiconductor companies in…
DocuSign to Layoff 6%
DocuSign is an American software company that provides electronic signature technology and digital transaction management services. The company boasts of almost half a million customers as of 2019. It was founded in 2003, with its headquarters in San Francisco, California. According to reports, DocuSign has announced plans to lay off 6% of its workforce, which…
Honda Recalls 750,114 Vehicles
Honda has issued a recall of 750,114 vehicles in the United States due to faulty airbag sensors. According to the notice from the National Highway Traffic Safety Administration (NHTSA), a weight sensor for the front passenger seat could crack and malfunction, causing airbags to unintentionally deploy during a crash and increase the risk of injury….
Yandex Leaves Russia
Yandex LLC is a multinational technology company that provides online services, including advertising, ride-hailing, maps and navigation, and e-commerce. The company was recognized as the largest technology firm in Russia, as of 2017, with its search engine ranking 3rd globally, after Google and Bing. Yandex N.V., headquartered in Amsterdam, is the holding company of Russian…