The company is pouring billions into its virtual reality division in hopes of Big-Banging the metaverse into existence, but back in the real world, revenue and user growth are stalling.
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Cognizant aims to maintain financial services growth rate amid digital pivot
Ola to sack 1,000 workers; Aarogya Setu data protocols were discontinued in May
Battlegrounds Mobile India, Indian version of PUBG taken down
Ola to fire about 1,000 employees across verticals even as focus shifts to electric mobility
The entire restructuring exercise – which is expected to be on for a few weeks more - is to focus more on its electric mobility business, where it is hiring “aggressively”, according to executives engaged in the recruitment process. The process has been ongoing across verticals including mobility, hyperlocal, fintech, and its used cars businesses.
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Focus is on payments, distribution of lending products: Paytm founder Vijay Shekhar Sharma
Swiggy workers go on strike again, this time in Delhi
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