DigitalOcean is laying off staff, sources say 30-50 affected

Post date: 2020-01-18 03:10:16
Views: 580
After appointing a new CEO and CFO last summer, cloud infrastructure provider DigitalOcean is embarking on a wider reorganisation: the startup has announced a round of layoffs, with potentially between 30 and 50 people affected. DigitalOcean has confirmed the news with the following statement: “DigitalOcean  recently announced a restructuring to better align its teams to its
Please click Here to read the full story.
 
Other Top and Latest Questions:
Family offices likely to add risk, debt and alternatives under the next generation
Trump invokes Cold War-era Defense Production Act for oil production, refining
Higher interest rates have made family offices pickier about investing in real estate
Defense giant Saab sees orders triple after Gripen fighter jet deal with Ukraine
Meta’s deal to keep Zuckerberg in California adds fuel to wealth tax debate ahead of election
Etsy bans AI-generated recipes and patterns from its online marketplace
Trump asked Musk to lift Starlink slowdown, WSJ reports
Special Event: Rifftrax: STREET FIGHTER
Book: A Short Stay In Hell
American Express is cutting 5% of its workforce to 'prepare for AI'