ShareChat trims 15% workforce in fresh round of layoffs
The development comes almost a year after the company in January this year, fired 20% of its workforce or 200 employees in order to cut costs.
startup layoffs
December 2023
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January 2023
November 2022
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July 2022
Meesho lays off 251 employees; 15% of total workforce
Meesho says it’s looking forward to working with a "leaner organisational structure to achieve sustained profitability"
GoMechanic lays off 70% employees after 'errors' in financial reporting
The startup "made errors in judgment as we followed growth at all costs, including in regard to financial reporting, which we deeply regret," says GoMechanic co-founder Amit Bhasin.
Amid edtech layoffs, upGrad to hire 1,400 employees
The development comes days after upGrad reported that its losses have widened threefold to ₹626.6 crore in the financial year ended March 2022, as against ₹211.1 crore in the same period last year.
Amid massive job cuts, Byju's raises $250 mn from existing investors
Ed-tech major Byju's says it has adopted a "three-pronged" approach to achieve its plan of group-level profitability by March 2023.
Discourse has shifted from TAM to profitability: upGrad
Firms will have to expand their footprint in non-metros, which present a huge opportunity, and will need to devise affordable product pricing, says Mayank Kumar, co-founder & MD at upGrad
India sees over 15,400% growth in startups in 6 yrs
Startups spread across 56 diversified sectors; 4,500 recognised in emerging tech such as IoT, robotics, AI, analytics
