Truecaller slashes 70 jobs amid declining ad sales | TechCrunch
… In its Q1 2026 results, Truecaller’s net sales dropped 27% to 362 million SEK $39.34 million . In its biggest market, India, net sales dipped by 41% year-on-year. …
… In its Q1 2026 results, Truecaller’s net sales dropped 27% to 362 million SEK $39.34 million . In its biggest market, India, net sales dipped by 41% year-on-year. …
… Even industry leader Tesla’s sales are declining. But sales of EVs are on the rise elsewhere around the world, and China is pumping out ultra-cheap sedans and crossovers that have some countries clamoring to bring them ashore. …
… PT : OnePlus said that the company won’t launch new products in Europe and North America. “After careful assessment, OnePlus will no longer launch new products in Europe and North America. …
… Its weakening China business, where EVs have soared, also contributed to the write-down. …
… The layoffs will hit Xbox and commercial sales the hardest, with Xbox losing 1,600 staffers today, according to memos shared with Microsoft’s staff. …
… Local production, he noted, could offer advantages over the longer term, particularly as a weaker Indian rupee raises the cost of imports. …
… The company may have beat on its first-quarter earnings with revenue of $8.4 billion, up 7% year-over-year, but it forecast weak guidance for the second quarter, sending the stock tumbling after earnings. …