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SoftBank To Layoff 4000 WeWork Employees Globally After Acquisition

SoftBank To Layoff 4000 WeWork Employees Globally After Acquisition

#24 Oct: What All Happened In The Indian Startup Ecosystem Today

SoftBank might layoff employees as a part of its aggressive turnaround plan. 

➤ Ecommerce players Amazon, Flipkart cooperating with Govt: Piyush Goyal. 

➤ Walmart has registered a net loss of INR 172 Cr year-on-year for financial year 2019. 

Credit Saison introduces $55 Mn fund to invest in Indian, SE Asian fintech startups. 

Block offensive social media content globally, not just in India: Delhi HC.

➤ 3 reasons why India jumped 14 spots in the World Bank’s ‘Ease Of Doing Business’ rankings.

➤ Apple accelerates modem chip India unit with 160 Intel engineers joining.  

Google India continues profitability in FY19 across Payments, Cloud. 

➤ OYO Hotels Japan expands to over 100 hotels in just 7 months.

For more updates on the Indian startup ecosystem, click here.

Author

Harshil Khatter

Inc42 Staff
https://inc42.com/videos/inc42-shots-ritesh-agarwals-oyo-hits-a-century-in-japan/