Over 15K tech workers lose jobs in May globally

Over 15K tech workers lose jobs in May globally

Two of the largest instant grocery apps, Getir and Gorillas, announced lay offs this week. Turkish company Getir said it plans to reduce its global headcount by 14 per cent and Gorillas said it was making the "extremely hard decision" to let go about 300 of its employees.

Visa, Mastercard suspend all Russia operations

Visa, Mastercard suspend all Russia operations

Once complete, all transactions initiated with Visa cards issued in Russia will no longer work outside the country and any Visa card issued by financial institutions outside of Russia will no longer work within the Russian Federation, the company said late on Saturday.