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

Post date: 2020-01-18 03:10:16
Views: 369
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:
Hidden beneath AI chips, Chinese-made circuit boards raise national security concerns in U.S.
Bitcoin's high-conviction holders are turning into sellers as the crypto's price hits new lows
Higher mortgage rates don't just keep buyers on the sidelines. Application denials rise too
Tire giant Pirelli vows legal action as short seller alleges ‘close relationship’ with Russia
SoftBank shares plunge over 11% amid broader tech sell-off
India's viral 'Cockroach' party has millions of followers. What investors need to know
Senate GOP strips up to $1B for Trump ballroom security from immigration enforcement bill
As Honeywell Aerospace readies for its stand-alone debut, its CEO is forecasting big growth
SpaceX IPO hype has traders flocking to this mid-cap stock
Flesh-eating screwworm is confirmed in the U.S., officials say