Friday, 24 May, 2024

Foursquare Lays Off 105 Employees Amid Strategic Restructuring

Foursquare has laid off 105 employees as part of a strategic restructuring effort. The company aims to streamline operations and focus on core areas of growth. This decision impacts approximately one-third of its workforce, reflecting broader industry trends of downsizing amid economic pressures. Foursquare plans to realign its resources to better navigate the competitive landscape and enhance its market position.