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Technology

Toast (TOST) Layoffs Add to Tech Industry Job Cuts

newsblows.com2 years ago2 years ago01 mins

[ad_1] Toast Inc., a restaurant-focused software company, will cut about 550 employees, adding to the spate of technology industry workforce reductions since the start of 2024. The affected employees were told Thursday, according to a person familiar with the cuts, who asked not to be identified because the information wasn’t yet public. A spokesperson said…

Technology

India’s RBI Is Said to Consider Canceling Paytm Bank Permit

newsblows.com2 years ago2 years ago01 mins

[ad_1] India’s banking regulator is considering scrapping the license of Paytm Payments Bank Ltd. as early as next month, people with knowledge of the matter said, potentially dealing another blow to the troubled local fintech giant Paytm’s growth ambitions. The Reserve Bank of India wants to safeguard depositors first and could act after a Feb….