December 25th, 2018
Hu Weiwei, co-founder of Beijing Mobike Technology Co Ltd, has stepped down as its CEO, placing more uncertainty on the future of the bike-sharing startup.
The move followed shortly after Mobike's cash-strapped rival Ofo Inc came under fire for stalling on deposit refunds. Once touted as investor darlings, the two companies seem to...
December 14th, 2018
Netflix's director for international originals and acquisitions Swati Shetty has reportedly resigned from her position. She had been one of Netflix's earliest hires in India and had joined the company in August 2016.
She was based in Los Angeles and during her tenure, Netflix expanded its slate of original films including titles like...
November 14th, 2018Binny Bansal, the co-founder and group CEO of India based e-commerce giant Flipkart has stepped down from the company with immediate effect. This step has been taken following an investigation into “serious personal misconduct.”
This move has come up in less than six months after Walmart acquired a majority ownership in the...
November 3rd, 2018Jason Kothari, who was appointed as the president of listed e-commerce company Infibeam Avenues approximately five months back, has reportedly resigned from his position due to personal reasons.
The company stated that Kothari was responsible for heading its strategy, corporate development, international operations, and investor...
October 17th, 2018With senior executives resigning from various important companies, Chief marketing officer of Myntra and head of Jabong Gunjan Soni, and Myntra’s chief strategy officer and head of categories Ananya Tripathi have decided to leave the organization.
Both the executives will work with their respective companies till the end of...
September 25th, 2018The co-founders of the photo-sharing app Instagram, Kevin Systrom and Mike Krieger have reportedly stepped down and now have plans to leave the company in coming weeks.
This move is possible to add to the challenges faced by Instagram’s parent company, Facebook. The two co-founders did not give a reason for their departure,...
September 7th, 2018With the exit of a lot of senior executives in various top companies, two senior executives of Ola have also stepped down. It has been reported that Saikiran Krishnamurthy and Joy Bandekar have left the company.
Saikiran Krishnamurthy was popularly called Saiki among the Ola employees and held the position of a senior...
August 14th, 2018World's leading internet entertainment service Netflix has announced the resignation of its chief financial officer David Wells. The latter plans to exit "after helping the company choose his successor".
David joined the company in 2004 and was appointed as the CFO in 2010. The company will be searching for the next CFO through both...
June 22nd, 2018Intel Corp., the popular technology firm has declared the resignation of its chief executive officer Brian Krzanich on Thursday. This event was followed by an inquiry that proved that the CEO was in a consensual relationship with an Intel employee, which is against the company’s policies.
Krzanich was serving Intel Corp. as CEO...
March 3rd, 2018Zomato’s co-founder Pankaj Chaddah took to twitter to announced his resignation from the company ending a decade of service.
Chaddah will now take a little break but aspires to “move on to something new.”
In a letter posted on the company’s blog intended to his fellow employees, he stated “I have been thinking of moving...
September 8th, 2017India's leading online travel company,MakeMyTrip announced on Wednesday about the resignation of its cofounder and President Ashish Kashyap, with effect from September 30, 2017.
The MakeMyTrip Board has accepted the resignation and MakeMyTrip (India) and Ibibo Group have entered into a separation agreement with Kashyap. In a filing...