Friday, 24 March, 2023

FarEye fires 250 employees at time of appraisal 

<p>FarEye, a provider of SaaS had fired about 250 employees, at the time of their appraisal. Market circumstances were soft, and the team was restructured, thus the team size was reduced, reports said. Kushal Nahata, the company&#39;s CEO, stated the company is focusing on core competencies, product differentiation, and automation, as well as reducing the amount of effort required to run operations. The company specialises in e-com logistics software solutions.</p>