is laying off 5% of its workforce, a move that affects roughly 300 workers."Over the last two quarters, we have taken a number of measures to try to address the bottom line but found ourselves in the position of needing to do more,"
."In looking at our future business portfolio, we made the difficult decision to eliminate roles." Zendesk shares are down more than 25% this year. shares fell by more than 20% on Tuesday after reporting weaker-than-expected ridership growth, signaling that it’s losing ground to Uber. The company recorded 20.3 million active riders in the third quarter, missing an estimate of 21.1 million — and falling well short of Lyft’s base of 22.9 million active riders at the end of 2019.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Sports betting, dialysis clinics, income tax go before voters - San Francisco Business TimesIn the Nov. 8 election, voters across California will weigh in on propositions that could impact businesses in various industries across the state.
Källa: SFBusinessTimes - 🏆 78. / 68 Läs mer »
Bay Area sees lowest October home sales volume in 15 years - San Francisco Business TimesEconomic conditions in September and October continued to nosedive and so did real estate sales in San Francisco. Here's how much they were down in October compared to the previous year.
Källa: SFBusinessTimes - 🏆 78. / 68 Läs mer »
Year Up is on a mission to close the career opportunity divide - San Francisco Business TimesBank of America partnered with Year Up in 2006, advocating for social justice and serving local communities. Today, Year Up talent is an important part of Bank of America’s talent sourcing strategy.
Källa: SFBusinessTimes - 🏆 78. / 68 Läs mer »
The delayed housing project at 469 Stevenson is up for review—again - San Francisco Business TimesConcerns about gentrification and seismic safety delayed a 495-unit residential tower last year. Those concerns will be addressed again in the coming months.
Källa: SFBusinessTimes - 🏆 78. / 68 Läs mer »