Home decor startup Livspace’s chief business officer (CBO) Lalit Mittal has left the firm following cofounder Saurabh Jain’s exit. Mittal h...

Happy Monday! Lightspeed’s top brass has laid out the firm's AI thesis for India. This and more in today’s ETtech Morning Dispatch.

A spokesperson for the Bengaluru-based startup said in a statement that the workforce reduction was part of a measured, phased transition a...

IT major Infosys has begun laying off hundreds of employees who joined in October after a delayed onboarding. This and more in today’s ETte...

Home decor startup Livspace is preparing to move its domicile back to India from Singapore. More on this and other updates in today’s ETtec...

The company said it has cut down its Ebitda (earnings before interest, tax, depreciation and amortisation) loss in India to half. The Singa...

The layoff wave has swept not only startups and mid-sized firms, but also big tech companies such as Amazon, Microsoft, and Google parent A...

Earlier this week TikTok said it has more than 150 million monthly users (nearly half the population) in the US, up from 100 million just a...

Auto rickshaws offered services during peak hours in Bengaluru despite being on a strike against ‘illegal’ bike taxis. The fight between ci...

Happy Monday. Byju’s has held discussions to pay higher interest rates to its lenders for the $1.2 billion loan the company picked up in No...

A total of 36 staffers, including software engineering developers and directors from a team of 80 have been asked to leave the company, sou...

There is likely to be a 20-25% increase in hiring of mid-to-senior talent by well-funded startups in ongoing quarter compared with a year e...

Many companies, across sectors, had implemented pay cuts ranging from 5% to 50% and some even retrenched staff during the nationwide lockdo...

While the country's economy has gradually begun to open up, albeit under a tight leash, the startups are beginning to reinstate the salarie...

Ola — backed by global marquee investors including SoftBank, Tiger Global, Tencent, and Steadview Capital—employs about 4,000 people in its...

Over the past 4 weeks, at least two dozen top companies have fired employees and contract staff.

Much of the layoffs will stem from distress sales and company closures.