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MPL LAYOFFS
Zupee lays off 200 in second round of job cuts after real money gaming banOnline gaming startup Zupee has cut about 200 jobs in a fresh round of layoffs after India’s ban on real money gaming. The move follows ear...- Ban-hit real money gaming companies fire 2,000 setting off a scramble for jobsNearly 2,000 employees at real money gaming (RMG) firms including MPL, Games24x7, Zupee, PokerBaazi, and Head Digital have lost jobs after ...
- 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...
- Real-money gaming apps see sharp decline in downloads, begin layoffsThe Online Gaming Bill, 2025 triggered a collapse in real-money gaming apps, with downloads plunging 60–95% for MPL, Winzo, and Zupee. Drea...
- NFT platform Rario’s FY23 losses widen more than ten-fold to Rs 560 croreBacked by real money gaming firm Dream Sports, Rario’s operating revenue grew to Rs 39 crore in FY23, compared to Rs 1 crore a year earlier
- MPL-backed Web 3 fantasy platform Striker shuts down operationsThe shutdown comes amid several layoffs and closures in the online real money gaming sector, which followed the imposition of a 28% goods a...
- Gaming platform Fantok suspends operations citing impact of 28% GST levyThis has come in the light of several real money gaming platforms either cutting down scale or halting operations altogether following the ...
- Lok Sabha amends GST laws to levy 28% tax on online gamingFinance Minister Nirmala Sitharaman on Friday introduced bills to amend the Central and Integrated GST laws in the lower house.
- Byju’s term loan gets more expensive; MPL lays off 350 post GST hitByju's quest to settle the $1.2 billion TLB feud might come at a steeper price. The embattled edtech firm might have to pony up an addition...
- Mobile Premier League lays off 350 employees; attributes cost cutting to increased GST burdenIn an email sent to the company’s employees on August 8, MPL cofounder and chief executive Sai Srinivas wrote that the company has to reduc...
- Read Mobile Premier League founders' note to staff on layoffsReal money gaming company Mobile Premier League (MPL) is laying off 350 of its staffers, citing increased costs due to an impending rise in...
- CFOs warn about job cuts in education sector in next 6 monthsAccording to a a survey of 600 CFOs by Coupa, a Cloud-based platform, 100 per cent of CFOs in the education sector responded with "reduce w...
- Over 70 Indian startups show exit door to 21K techies, more pink slips comingAs global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees in the past 3-4 months, with many more ...
- Healthtech startup PharmEasy lays off more employeesThe layoffs were attributed to a variety of factors, including restructuring, macroeconomic headwinds, and the ongoing Russia-Ukraine confl...
- Over 32,000 tech workers fired in US, more than 11,000 in India till JulySince April 1 this year, more than 43,000 workers from 342 tech companies/startups have been laid off across the world and over 13% are fro...
- Over 50K startup employees stare at job loss as India prepares for 200 unicornsNearly 12,000 startup employees have been shown the door to date, let by companies like Ola, Blinkit, BYJU's (White Hat Jr, Toppr), Unacade...
- Startups like MPL tweak compensation structure, Esops amid downturnBengaluru-based MPL has introduced a new system aimed at rewarding team performance over individual achievements, changed its Esop (employe...
- CCI studies 'ecommerce nexus’; IT workers trickle back to officeCompetition Commission of India is studying documents found during the raids that suggest financial dealings between the ecommerce majors a...
- Layoffs at MPL, FrontRow; ShareChat set for $300M windfallEdtech firm FrontRow and gaming firm Mobile Premier League announced mass layoffs, joining a host of startups that have sacked employees in...
- Mobile Premier League to lay off 100 workers, exit IndonesiaFounded in 2018 by Srinivas and Shubam Malhotra, MPL offers around 70 games across categories such as daily fantasy sports, quizzing, board...
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