Not afraid of layoffs storm of technology giants, HR platform Deel’s valuation hits new high

[ad_1]

The storm of layoffs of technology giants has swept the world, and the “ruthless chicken” does not care about the credit. However, this storm not only hinders the development of Deel, a global human resources platform, but may also lead to rapid development of the platform due to the turnover of talents in the market and mixed working models. The company reported that its annual recurring revenue rose to $295 million from $57 million a year ago, valuing the company at $12 billion. Taking advantage of a record-breaking valuation, the company also announced new features to help companies hire, manage and pay global teams compliantly on a single platform.

This article is not afraid of the layoffs of technology giants The human resources platform Deel has a new high valuation first appeared on PCM.

[ad_2]