Wednesday, December 4, 2024

Companies

Zuckerberg confirms Meta will lay off 10,000 employees

Meta, the parent company of Facebook, has confirmed it is laying off another 10,000 workers. It is the second wave of cuts at the...

Naira scarcity forces Indian keke maker Bajaj to cut production

Indian motorcycle and three-wheeler maker Bajaj Auto is cutting down on its projected export due to Nigeria’s naira note redesign and demonetization policy that...

Another U.S. bank fails, govt moves to protect customers

United States regulators have shut down a second bank after the collapse of the start-up lender, Silicon Valley Bank, on Friday spread fear about...

Silicon Valley Bank, lender to world’s biggest startups, collapses

U.S. regulators have shut down Silicon Valley Bank, the California-based lender to some of the biggest names in the tech world, making it the...

Nigerian startup Alerzo lays off hundreds blaming economy

Alerzo, a Nigerian e-commerce company that connects retailers and their suppliers, has laid off hundreds of employees as the country’s economic conditions squeezes businesses. The...

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