Major Shake-Up at Car Rental Startup Turo: 15% Workforce Reduction After Delayed IPO
2 months ago
In a significant move reflecting the challenges faced by the car rental sector, Turo, a popular car-sharing platform, has announced a substantial reduction in its workforce, laying off 15% of its employees. This decision comes in light of a stalled initial public offering (IPO) that the company had been eagerly preparing for.
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Ex-Twitter Employees Triumph in Lawsuit Over Severance Pay After Layoff Email Miscommunication
3 months ago
In a significant development for laid-off employees of Twitter, a group of ex-workers secured a court ruling that mandates the social media giant to provide severance compensation following a contentious email communication regarding their termination. The case has highlighted growing concerns over labor practices in the tech industry, particularly in relation to layoffs and employee rights.
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