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MPL DOWNSIZES WORKFORCE
Kavin Bharti Mittal’s Hike to shut operations amid govt’s real money gaming banHike, the 13-year-old startup founded by Kavin Bharti Mittal, is shutting down following the Indian government's ban on real money gaming. ...- Games24X7 to lay off 70% employees as real money gaming ban pinchesGames24x7 is reportedly laying off around 70% of its workforce, potentially impacting 500 employees, following the government's ban on onli...
- ETSA 2025 winners are here; Job cuts at MPLThe winners of the 11th edition of The Economic Times Startup Awards are here. This and more in today’s ETtech Top 5.
- MPL to slash local workforce as real-money gaming ban wipes out India bizAs a group, India accounted for 50% of Mobile Premier League (MPL) parent M-League's revenue and this change would mean that we will no lon...
- Gaming app MPL to sack 60% of India staff after real-money gaming ban, source saysPrime Minister Narendra Modi's government this month banned online paid games, citing financial and addiction risks especially among youth,...
- Over 22,000 techies lose jobs in US, more than 12,000 in Indian startupsStartups now say it is much more difficult to raise new funding in this gloomy environment.
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