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Canadian Fintech Giant Lays Off 13% Of Its Staff
Canadian fintech giant Wealthsimple, which is based in Toronto, is laying off 159 employees, a decision that was announced in a letter to employees...
Spotify Slows Hiring Plans By 25%
Spotify will cut hiring by 25%. In an email to employees, Spotify CEO Daniel Ek told employees that the company will continue hiring but...
Interpol Arrests 2000 Social Engineers, Seizes $50 Million
An Interpol operation, dubbed as 'First Light 2022,' has seized over 50 million dollars and arrested thousands of people involved in social engineering scams...
Tech Companies Lay Off Workers In Face Of Industry Downturn
Tech companies are relieving workers of their duties as they look to combat the economic downturn that is shaking the sector. According to Layoffs.fyi,...
“DownThem” DDoS Owner Gets 2 Year Jail Term
An Illinois man has been sentenced to two years in prison for running a distributed denial of service (DDoS) platform that enabled threat actors...
Microsoft Enters Into Neutrality Agreement With Union
Microsoft and the Communications Workers of America have reached a labor neutrality agreement.
The agreement allows workers to decide "freely and fairly" on union representation....
Elon Musk Tells Executives He Intends To Cut 10% Of Workforce
Tesla CEO Elon Musk has sent a follow-up email to company executives urging them to "pause hiring worldwide." The billionaire also announced plans to...
New owner of Canadian ransomware negotiating firm expands its mandate
Daniel Tobok buys Cypfer and adds post-incident recovery consulting to the company's services
The post New owner of Canadian ransomware negotiating firm expands its mandate first appeared on IT World Canada.