Saturday, May 16, 2020

Internal email: Indian food delivery startup Zomato to layoff 520 employees, or 13% of its workforce, and temporarily cut salaries of the rest (Aditi Shrivastava/The Economic Times)

Aditi Shrivastava / The Economic Times:
Internal email: Indian food delivery startup Zomato to layoff 520 employees, or 13% of its workforce, and temporarily cut salaries of the rest  —  Employees being let go will receive half their salaries and health insurance for six months  —  Food delivery platform Zomato will layoff 520 employees …



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SpaceX's S-1 excerpts list "manufacturing our own GPUs" among the "substantial capital expenditures" it is undertaking, with the size of the expenditure TBD (Reuters)

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