GPS navigation software program app Waze, which is owned by Google, is to put off 5% of its workforce, in accordance with an e-mail despatched to workers this morning. The corporate will lower about 30 individuals out of 555. Waze can even shut its workplaces in Asia and Latin America and it’ll additionally rethink its enterprise mannequin in some markets. It’s not but identified if there will probably be any layoffs in Israel.
Within the e-mail obtained by workers, Waze mentioned that a few of the layoffs are the results of the Covid-19 pandemic, which has emptied highways worldwide with cities below lockdown and commuting on the wane and distant engaged on the rise. Consequently, much less and fewer individuals are utilizing Waze, leading to much less promoting income and decrease profitability.
en.globes.co.il – on September 10, 2020 © Copyright of Globes Writer Itonut (1983) Ltd. 2020