News aggregator SmartNews fires 40% of its employees in the US and China, and plans additional layoffs in Japan

According to individuals acquainted with the company’s plans, SmartNews, a news aggregation website and app with headquarters in Tokyo, today announced a 40% decrease of its U.S. and China personnel, or roughly 120 people. The announcement was made on Thursday during an All-Hands meeting that the SmartNews team was present for this evening. The business …

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