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Careem, which was acquired by Uber and is very well established in Middle East and parts of Asia, has announced layoffs for 31% of its force, citing that the business is down by 80%. Also, one interesting quote: ā[We] made a distinction between tech and non-tech colleagues; the idea being to protect our tech colleagues in relative terms so that we can continue to invest in our products, and emerge from the crisis with even better products,āĀ https://www.menabytes.com/careem-layoffs-31-percent/
Many friends had to leave, many who are sole breadwinners or to be parents. It sucks.
Sadly, not everyone in tech was protected. But comparatively tech saw fewer layoffs.