Senior Engineer

Blinkit Appoints Ex-Flipkart VP as New CFO

- Blinkit has appointed Vipin Kapooria, former VP for business finance at Flipkart, as the new CFO. - Kapooria has nearly two decades of experience with stints at OYO, Whirlpool, Birlasoft, and Yum Restaurants International. - Blinkit recently launched a new app, Bistro, for quick food delivery and posted strong financial growth in Q2 FY25. Source: [Inc42](https://inc42.com/buzz/blinkit-ropes-in-former-flipkart-executive-as-cfo/)

Indian Markets Surge Amid Global Rebound

- Indian benchmark indices soared on Tuesday, with BSE Sensex up 1,394.07 points and NSE Nifty50 rising 378.20 points, driven by a global market rebound. - Key companies like Swiggy, Info Edge, and Tata Group reported mixed quarterly results, with notable gains and losses across various sectors. - Several companies, including Hero MotoCorp and Bandhan Bank, faced regulatory and operational updates, impacting their market focus. Source: [Business News India](https://www.businesstoday.in/markets/stocks/story/stocks-in-news-titan-swiggy-tata-power-aadhar-housing-whirlpool-religare-pc-jewellers-463473-2025-02-05), [The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-swiggy-titan-tata-power-hero-motocorp-bandhan-bank/articleshow/117931077.cms)

2024 Tech Layoffs Masterlist

From major layoffs at Tesla, Amazon and Microsoft to small fintech startups and apps, as covered by Techcrunch July 2024 - Kaspersky (Cybersecurity company): Laying off dozens of employees, exiting U.S. market - Salesforce (CRM software provider): Cutting 300 employees - Intuit (Financial software company): Cutting 1,800 employees (10% of workforce) - UiPath (Robotic process automation company): Cutting 420 employees (10% of workforce) - UKG (HR management software company): Cutting 2,200 employees (14% of workforce) - OpenText (Enterprise information management company): Cutting 1,200 employees (2% of workforce) - Unacademy (Online learning platform): Cutting 250 employees - Koo (Social media platform): Ceasing operations - Upside Foods (Cultivated meat company): Cutting 26 employees - Sightful (Laptop maker): Cutting 20 employees (33% of workforce) June 2024 - RealPage (Property management software provider): Cutting 4% of workforce - Planet (Earth imaging company): Cutting 180 employees (17% of workforce) - Moxion Power (Mobile energy storage company): Cutting 100+ employees - eBay (E-commerce platform): Cutting undisclosed number in Israel - BeReal (Social media app): Cutting undisclosed number after acquisition - Flutterwave (Fintech company): Cutting 30 employees (3% of workforce) - Ginkgo Bioworks (Biotech company): Cutting 158 employees - Moovit (Public transit app): Cutting 20-25 employees (10% of workforce) - Wex (Financial technology company): Cutting 375 employees (5% of workforce) - PayPal (Online payment system): Cutting 85 employees in Ireland - Rapyd (Fintech-as-a-service platform): Cutting 30 employees in Israel - C2FO (Working capital platform): Cutting 16 employees - Chegg (Online learning platform): Cutting 23% of global workforce - StackPath (Edge computing platform): Ceasing operations - Unit (Banking-as-a-service platform): Cutting 15% of workforce - Loop (Insurance technology company): Cutting undisclosed number - Care/of (Personalized vitamin company): Cutting all 143 employees - Running Tide (Ocean technology company): Ceasing operations - Satellogic (Satellite imaging company): Cutting 70 employees (30% of workforce) - ByteDance (Tech company, TikTok parent): Cutting 450 employees in Indonesia - VRChat (Virtual reality platform): Cutting 30% of workforce - Paytm (Digital payments platform): Cutting undisclosed number - Kissflow (Business process automation platform): Cutting 45 employees - Copia Global (E-commerce platform): Cutting 1,060+ employees - Revel (Electric vehicle sharing company): Cutting 1,000+ staff drivers - Simpl (Buy now, pay later platform): Cutting 30 employees - Oda (Online grocery delivery service): Cutting 150 employees - Pagaya (AI-driven financial technology company): Cutting 100 employees (20% of workforce) - MoonPay (Cryptocurrency payments infrastructure provider): Cutting 10% of workforce - Microsoft (Technology corporation): Cutting hundreds in Azure division - OrCam (AI-powered assistive device maker): Cutting 100 employees - Google (Technology giant): Cutting undisclosed number across Cloud teams - Tropic (SaaS purchasing platform): Cutting 40 employees May 2024 - Gro Intelligence (AI-powered insights company): Ceasing operations - Jasper Health (Cancer care platform): Cutting substantial part of workforce - Cirium (Aviation analytics company): Cutting 37 employees - Walnut (Sales demo platform): Cutting 15 employees (20% of workforce) - Fisker (Electric vehicle manufacturer): Cutting hundreds of employees - Cue Health (Healthcare technology company): Ceasing operations - Foursquare (Location technology platform): Cutting 105 employees - Lucid Motors (Electric vehicle manufacturer): Cutting 400 employees (6% of workforce) - TikTok (Video-sharing app): Cutting undisclosed number in global operations - Pixar (Animation studio): Cutting 175 employees (14% of workforce) - Replit (Collaborative coding platform): Cutting 20% of workforce - SeekOut (AI-powered recruiting platform): Cutting 30% of workforce - Gopuff (Instant delivery service): Cutting 6% of workforce - Atmosphere (Streaming TV platform): Cutting 106 employees - Mainvest (Investment platform): Ceasing operations - Indeed (Job search engine): Cutting 1,000 employees (8% of workforce) - Motional (Autonomous vehicle company): Cutting 550 employees (40% of workforce) - Google (Technology giant): Cutting 57 employees in San Francisco - Vacasa (Vacation rental management platform): Cutting 800 employees (13% of workforce) - Brilliant (Online learning platform): Cutting majority of workforce - Enovix (Battery technology company): Cutting 170 employees (33% of workforce) - Microsoft (Technology corporation): Closing several game studios - Cue Health (Healthcare technology company): Cutting 230 employees (49% of workforce) - Luminar (Autonomous vehicle sensor company): Cutting 140 employees (20% of workforce) - Sprinklr (Customer experience platform): Cutting 116 employees (3% of workforce) - Peloton (Exercise equipment and media company): Cutting 400 employees (15% of workforce) April 2024 - Tesla (Electric vehicle and clean energy company): Cutting 10%+ of global workforce - Google (Technology giant): Cutting undisclosed number across key teams - Fisker (Electric vehicle manufacturer): Cutting undisclosed number - Getir (Rapid delivery service): Cutting 6,000+ jobs, exiting multiple markets - Ola (Ride-hailing platform): Cutting 180 employees - True Anomaly (Space and defense startup): Cutting 30 employees (25% of workforce) - Expedia (Online travel shopping company): Cutting undisclosed number in Austin - Nike (Sportswear and equipment company): Cutting 740 employees in Oregon - Stability AI (Artificial intelligence company): Cutting 10% of workforce - Rivian (Electric vehicle manufacturer): Cutting 1% of workforce - Take-Two (Video game holding company): Cutting 579 employees (5% of workforce) - Tome (Storytelling and presentation platform): Cutting 12 employees (20% of workforce) - Criteo (Ad tech company): Cutting 140 employees (4% of workforce) - TikTok (Video-sharing app): Cutting 250 employees in Ireland - Hinge Health (Digital physical therapy platform): Cutting 10% of workforce - Checkr (Background check technology company): Cutting 382 employees (32% of workforce) - Bolt.Earth (EV charging and energy platform): Cutting 70-100 employees - Apple (Technology company): Cutting 614 employees in California - Agility Robotics (Robotics company): Cutting undisclosed number - Ghost Autonomy (Autonomous driving startup): Ceasing operations (100 employees affected) - Whirlpool (Home appliance manufacturer): Shutting down Yummly (recipe and cooking app) - AWS (Cloud computing platform): Cutting hundreds of jobs - Byju's (Educational technology company): Cutting 500 employees (3% of workforce) March 2024 - ChowNow (Online food ordering platform): Cutting 20% of workforce - Nintendo of America (Video game company): Restructuring testing department - Dell (Computer technology company): Cutting 6,000 employees - Synctera (Banking-as-a-service platform): Cutting 17 employees (15% of workforce) - ShopBack (Cashback reward program): Cutting 195 employees (25% of workforce) - Airmeet (Virtual event platform): Cutting 20% of workforce - Chipper Cash (Cross-border payment app): Cutting 20 employees - Textio (Augmented writing platform): Cutting 16% of workforce - Stash (Personal finance app): Cutting 80 employees (25% of workforce) - Phantom Auto (Remote vehicle operation platform): Ceasing operations - IBM (Technology corporation): Cutting undisclosed number in marketing - Inscribe.ai (Fraud detection platform): Cutting 40% of workforce - Turnitin (Plagiarism detection service): Cutting 15 employees - Sorare (Fantasy sports platform): Cutting 13% of New York workforce - Melio (B2B payments platform): Cutting 7% of workforce - ONE (Electric vehicle battery startup): Cutting 40 employees (13% of workforce) - Project Ronin (Cancer care software company): Ceasing operations (150 employees affected) February 2024 - Fisker (Electric vehicle manufacturer): Cutting 15% of workforce - EA (Video game company): Cutting 670 employees (5% of workforce) - Bumble (Online dating platform): Cutting 350 employees (30% of workforce) - Apple (Technology company): Cutting hundreds from EV project - Sony (Multinational conglomerate): Cutting 900 employees from PlayStation (8% of division) - Expedia (Online travel shopping company): Cutting 1,500 employees - Finder (Financial comparison site): Cutting 60 employees (17% of workforce) - Rivian (Electric vehicle manufacturer): Cutting 10% of salaried workforce - Meati Foods (Plant-based meat company): Cutting 13% of workforce - Cisco (Networking hardware company): Cutting 4,000+ employees (5% of workforce) - Toast (Restaurant management platform): Cutting 550 employees - Instacart (Grocery delivery and pick-up service): Cutting 250 employees - Mozilla (Software community): Cutting 60 employees - Grammarly (Digital writing assistant): Cutting 230 employees - Getaround (Peer-to-peer car sharing marketplace): Cutting 30% of North American workforce - Amazon (E-commerce and cloud computing company): Cutting undisclosed number in healthcare businesses - DocuSign (Electronic signature technology company): Cutting 6% of workforce - Snap (Camera and social media company): Cutting 500+ employees (10% of workforce) - Polygon Labs (Blockchain scaling platform): Cutting 60 employees (19% of workforce) - Okta (Identity and access management company): Cutting 400 employees January 2024 - Thinx (Period underwear company): Cutting 95 employees in New York - Proofpoint (Cybersecurity company): Cutting 280 employees (6% of workforce) - Wattpad (Online storytelling platform): Cutting 15% of workforce - Block (Financial services and digital payments company): Cutting 1,000 employees - PayPal (Online payment system): Cutting undisclosed number company-wide - Aurora Solar (Solar sales and design software): Cutting 200 employees (20% of workforce) - iRobot (Consumer robot company): Cutting 350 employees (33% of workforce) - Salesforce (CRM software provider): Cutting 700 employees (1% of workforce) - Flexport (Freight forwarding and customs brokerage company): Cutting 20% of workforce - Microsoft (Technology corporation): Cutting 1,900 employees in gaming divisions - Swiggy (Online food ordering and delivery platform): Cutting 400 employees (7% of workforce) - Aurora (Self-driving vehicle technology company): Cutting 3% of workforce - eBay (E-commerce platform): Cutting 1,000 employees (9% of workforce) - SAP (Enterprise software company): Offering buyouts/changes to 8,000 employees - Brex (Financial services and technology company): Cutting 282 employees (20% of workforce) - TikTok (Video-sharing app): Cutting 60 jobs across U.S. - Vroom (Online used car retailer): Cutting 90% of workforce - Riot Games (Video game developer): Cutting 530 employees (11% of workforce) - Wayfair (E-commerce company): Cutting 1,650 employees (13% of workforce) - YouTube (Video-sharing platform): Cutting 100 employees - Google (Technology giant): Cutting hundreds in advertising sales - Lost Boys Interactive (Game development studio): Cutting undisclosed "sizable" number - Pixar (Animation studio): Cutting up to 20% of 1,300 person workforce - Audible (Audiobook and podcast service): Cutting 5% of workforce - Discord (Voice, video and text chat app): Cutting 170 employees (17% of workforce) - Amazon (E-commerce and cloud computing company): Cutting hundreds at Prime Video and MGM Studios - Twitch (Live streaming platform): Cutting 500 employees (35% of workforce) - Treasure Financial (Cash management platform): Cutting 14 employees (60-70% of workforce) - Duolingo (Language-learning platform): Cutting 10% of contractor workforce - Rent the Runway (Online clothing rental service): Cutting 10% of corporate roles - Unity (Game development platform): Cutting 1,800 employees (25% of workforce) - Pitch (Collaborative presentation software): Cutting two-thirds of workforce - BenchSci (AI-powered biomedical discovery platform): Cutting 17% of workforce - Flexe (On-demand warehousing platform): Cutting 38% of workforce - NuScale (Small modular reactor company): Cutting 154 employees (28% of workforce) - Trigo (Retail technology company): Cutting 15% of workforce - InVision (Digital product design platform): Ceasing operations - VideoAmp (Advertising measurement platform): Cutting 20% of workforce - Orca Security (Cloud security company): Cutting 60 employees (15% of workforce) - Frontdesk (Short-term apartment rental startup): Cutting all 200 employees