Tag: employment
Enter new markets and embrace a distributed workforce to grow during a pandemic
Sarah Cole Contributor Sarah Cole is a senior associate in Taylor Wessing‘s Silicon Valley office. She advises mostly North American technology and life sciences companies on their investments into the UK and Europe, including on European launches, cross-border M&A, venture capital and other growth company investment work. Mark Barron Contributor…
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Massachusetts sues Uber and Lyft for identifying drivers as contractors
Following similar efforts in California over how ride-hailing drivers are classified, Massachusetts is suing Uber and Lyft for treating their drivers as independent contractors. State Attorney General Maura Healey contends that the ride-hailing compa… Source
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Cruise lays off 8% of workforce amid COVID-19, puts resources towards engineering
Cruise, the self-driving car subsidiary of GM that also has backing from SoftBank Vision Fund, automaker Honda and T. Rowe Price & Associates, is laying off nearly 8% of its more than 1,800-member workforce today as it tries to reduce costs during the COVID-19 pandemic. The layoffs will affect employees…
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Andela CEO confirms staff cuts as layoffs hit African tech
Africa-focused tech talent accelerator Andela has let go 135 employees, CEO Jeremy Johnson confirmed to TechCrunch. Senior staff at the company — with offices in New York and five African countries — will also take salary cuts of 10% to 30%. The compensation and staff reductions are a result of…
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Casper winds down European operations and lays off 78 people
Mattress company Casper is shutting down its European operations and laying off 78 people as it focuses on “achieving profitability,” according to a statement by the company. The layoff impacts 21% of its corporate workforce globally. In the statement, the company said that it is winding down European operations to…
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InHerSight’s new app personalizes job matches to women’s career goals
Nearly 60% of the over 700,000 jobs lost in the first wave of pandemic layoffs were jobs held by women, according to data from the Institute for Women’s Policy Research. But women in search of a new job often have different requirements for employers, compared with their male counterparts. Beyond…
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