"On behalf of myself and the co-founders, I want to share the most difficult decision we ve had to make since starting Amplitude over ten years ago. Today, we are reducing the size of our global team by 13 per cent," wrote Spenser Skates, CEO and Co-founder, in a blogpost. Amplitude Layoffs: US-Based Software Firm Sacks 13% of Workforce Globally Amid Tough Macroeconomic Conditions.
Get latest articles and stories on Business at LatestLY. The financial services company said it sees continued strength in refining business, a likely rebound in petrochemicals (petrochem) spreads from decadal low levels from China re-opening, and volume growth in exploration and production (E and P) - driving earnings growth. Business News | JP Morgan Says It Sees RIL as Relative Outperformer in CY23.