Saturday, July 9, 2022

Why this popular company started firing people and halted appraisals

Ride-hailing platform Ola has started laying off employees, as many as 500 from its nearly 1,100-strong workforce, across verticals as it aims to cut costs amid a challenging funding environment. https://ift.tt/emIN2Bk
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A profile of Klarna and its CEO Sebastian Siemiatkowski as it filed for a US IPO on November 13; investors hope Klarna can achieve a $150B-$200B valuation (Financial Times)

Financial Times : A profile of Klarna and its CEO Sebastian Siemiatkowski as it filed for a US IPO on November 13; investors hope Klarna ...