Tag: slow growth
Netflix lays off 150 employees in the US
In the wake of slowdown in growth and loss of subscribers, Netflix, the global streaming giant, is laying off 150 employees. These employees constitute...
Slow growth in pharma sector affects CEOs’ pay packages
The slow growth in the pharmaceutical sector— which only turned worse in May this year— has led to many CEOs of pharma companies opting...
Maruti Suzuki trims workforce, lays off 1,000 temp workers
In an attempt to cut costs and tackle the slowdown that has hit the automobile industry, Maruti Suzuki India has laid off more than...
Uber lays off 400 marketing staff owing to slow growth and...
Ride-hailing company, Uber, is reducing its 1200 strong global marketing team by 400, in order to bring down costs and do away with overlapping...