Company News
Facing Financial Crunch, Urban Ladder Cuts Work Force By 25 Per Cent, Hopes To Turn Profitableedit
Furniture retailer Urban Ladder has issued pink slips to around 25 per cent of its existing workforce in the quarter that ended in March. As per a statement from the company’s CEO, total number of individuals on its payrolls has come down from 957 to 711. Of the totally layoffs, 90 employees from the head office were asked to leave.
Publication: Swarajya
Date: June 11, 2019
Competition and Industry News
Leading e-commerce company uses 100 ‘AI bots’ to sort parcels, minimise delivery delaysedit
Online shopping in India has gone through a sea change in the last few years. With more and more people opting to buy goods from the internet, the e-commerce industry is not only becoming competitive but also slowly turning into a pillar of the country’s economy. As a result, e-commerce companies are now making the best use of technology to meet the increasing demands of the customers.
Publication : Times Now News
Date : June 12, 2019