Try GOLD - Free
SoundHound lays off 10% of its workforce
The Business Guardian
|November 14, 2022
SoundHound, a US-based maker of voice AI technology used by Mercedes-Benz, Deutsche Telekom, Snap, MasterCard and others, has laid off about 10 per cent of its workforce amid ongoing economic turmoil in global markets.
-
In addition, it imposed salary cuts on some of those who were not laid-off. The company did not specify the details of the salary cuts.
This story is from the November 14, 2022 edition of The Business Guardian.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Business Guardian
The Business Guardian
NSE targets nanosecond order...
The immediate acknowledgement feature for Capital markets/ equities and Equity Derivatives will come into effect from April 11.
1 min
April 12, 2026
The Business Guardian
OpenAI identifies security issue involving third-party tool
OpenAI said on Friday it had identified a security issue involving a third-party developer tool called Axios and is taking steps to protect the process that certifies its macOS applications are legitimate OpenAI apps.
1 min
April 12, 2026
The Business Guardian
Libya signs first unified state budget in over a decade
Libya's two rival legislative bodies have approved the country’s first unified state budget in more than a decade, its central bank said in a statement on Saturday.
1 min
April 12, 2026
The Business Guardian
THE PROBLEM WITH MULE ACCOUNTS ECONOMY
When illicit income is distributed across multiple accounts, it often remains below reporting thresholds.
4 mins
April 12, 2026
The Business Guardian
China's car exports surge as expectations grow for EV pivot
China's exports of passenger cars accelerated in March, an industry association said Friday, as Chinese automakers stepped up their push to grow overseas markets.
1 mins
April 12, 2026
The Business Guardian
SEBI chief reaffirms open-door policy...
“India is among the fastest-growing major economies globally, supported by sustained reforms, a vibrant startup ecosystem, and world-class digital public infrastructure,” Reddy said, highlighting the importance of strengthening partnerships with global investors.
1 min
April 12, 2026
The Business Guardian
Arizona judge blocks regulation of prediction markets
A federal judge on Friday temporarily barred Arizona from enforcing its gambling laws against predictive market operators and put the brakes on a criminal wagering case that the state has filed against Kalshi.
2 mins
April 12, 2026
The Business Guardian
JAPAN APPROVES ADDITIONAL $4BN FOR CHIPMAKER RAPIDUS
Japan's industry ministry said on Saturday it has approved an additional 631.5 billion yen ($3.96 billion) to accelerate research and development at chipmaker Rapidus.
1 min
April 12, 2026
The Business Guardian
'Womaniya' initiative of govt...
Their participation is further supported through online and offline training sessions conducted by GeM to build capacity and improve onboarding.
1 min
April 12, 2026
The Business Guardian
Homi Bhabha's 60-year wager
At the first United Nations Conference on the Peaceful Uses of Atomic Energy, held in Geneva in August 1955, Homi Jehangir Bhabha made a wager on behalf of a country that had been independent for eight years and poor for considerably longer.
4 mins
April 12, 2026
Translate
Change font size
