US EditionA Technological Unicorn in Crisis: Why Globant Closes Two Venues in Argentina
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.6 Articles
6 Articles
The Argentine economy is going through a challenging scenario, marked by global financial volatility and the slowdown in demand in key sectors such as technology. In this context, one of the most emblematic unicorns in the country announced the closure of two offices, a decision that responds to the low occupancy of these headquarters and the need to optimize resources in the face of the fall of more than 50% in the value of their shares since t…
The shares of the Argentine company that are listed in the US have fallen 55% this year, as many customers have delayed their projects
The Argentine technology faces a strong adjustment: collapse burs til, lower demand and closure of offices in Ushuaia and Resistencia. What future awaits you?
(OPI TdF) – The Argentine company of digital technology and services Globant announced the closure of its offices in the cities of Ushuaia and Resistencia, as part of a restructuring that seeks to optimize its operations in the country. The decision, according to the company officially reported, will not imply dismissals or affect current labor sources. Globant explained that both headquarters present an “extremely low occupation” and require a …
The decision was based on the low occupation and lack of economic justification to keep both headquarters operational. However, the company assured that there will be no layoffs as a result of the measure. “Today we have globers in 140 cities, in all the provinces of the country, and own offices in 12 cities. All these offices will remain open, with the only exception of Ushuaia and Resistencia, which have extremely low occupation and require an…
Founded in 2003, Globant is an Argentine company of software and technology services. It operates worldwide, so it was the first unicorn of Argentine origin to start trading on Wall Street. Read more
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
