Layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.
at the time the company “need[s] to focus on talent density across the organization to ensure we remain nimble and dynamic” ahead of the “next major bull cycle.”is letting go of 10% of its workforce, estimated to represent up to 360 of its roughly 3,600 employees, the company announced in a Securities and Exchange Commission filing on Wednesday—its
of cuts over the past year, following its decision to slash 6% of its workforce in March and another 200 last November.
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