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MEESHO LAYS OFF
Meesho's Q3 losses balloon & other earningsEcommerce firm Meesho's losses widened despite strong revenue growth. This and more in today's ETtech Top 5.
Delhivery to acquire Ecom Express in a cut-price deal for Rs 1,407 crorePE firms Warburg Pincus, Partners Group, and British International Investment will fully exit their investments in Ecom Express through the...
Meesho's order spike; Zomato takes a dipMeesho's order volumes increased in the nine months ending December 2024, per its annual report. This and more in today's ETtech Top 5.
Bengaluru-based startup, which fired 18 employees, is now helping them find new jobsBengaluru-based startup FAM has laid off 18 employees as it shifts its focus from hyper-growth to sustainability, according to founder Samb...
Layoffs in 2023: Cred, Meesho, Dunzo among Indian startups & tech companies that have cut jobsIndian startups, too, have been impacted over the last 6 months as they struggle to raise funds in a tough global environment.
Microsoft-owned LinkedIn fires 716 employees in fresh round of layoffsThe employment-focused professional network had also announced layoffs in February this year.
Meesho cuts 15% workforce to prune costs; Tim Cook sees India at a ‘tipping point’After firing 150 employees nearly a year ago, ecommerce startup Meesho has announced layoffs again that will affect 251 employees as it aim...
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 ...
Xiaomi fires 900 employees, to slash 10% of jobs globally: ReportThe termination comes after several companies, including Facebook-parent Meta, Elon Musk’s Twitter, and Microsoft, announced layoffs recent...
ETtech Deals Digest: Rate hikes, dried up liquidity keep investors from betting on new venturesIndian startups, going through a spree of layoffs, find it hard to get funded, yet again.
FrontRow fires 130 employees in second layoff exerciseThis is the second layoff for FrontRow after it laid off close to 145 full-time and contractual employees in May this year. After the secon...
Meesho builds logistics SaaS platform to widen its networkWhile the product is still being developed internally, this would reduce Meesho’s dependence on large third-party logistics players like Ec...
‘A cycle I wish would break.' Edelweiss MF CEO Radhika Gupta reveals why companies 'brutally' opt for mass sackingIn the last two years, big companies such as Better.com, Netflix, Meesho and Unacademy have gone through mass lay-offs.
Physics Wallah turns unicorn amid edtech carnage; Rupeek lays off 200Physics Wallah joined the unicorn club after raising $100 million from WestBridge and GSV amid edtech cargnage.
It's a challenging time for start-ups. But Snapdeal boss sees a silver lining, says it was much-neededKunal Bahl said that many founders are helping their peers with network & unused laptops.
Digital health platform Mfine lays off 500 employeesThe job cut accounts for about half the workforce at Mfine that had been hiring employees until last month, according to media reports.
Cars24 fires 600 employees across departmentsCars24, backed by Japan’s SoftBank and Alpha Wave Global, has joined a growing list of startups such as Unacademy, Vedantu, and Meesho that...
Cloudtail’s exit notice worries small sellers; Meesho lays off more than 150; LeadSquared may be next unicornSome small sellers are worried as Cloudtail hasn’t yet told them where their inventory and business will be shifted before it shuts down.
Meesho lays off over 150 employees from grocery biz as it restructures vertical“As we look to boost efficiencies in the light of the integration, a small number of full-time roles and certain third-party positions on s...
Ola fires 1,400, says revenues plunge 95% in two monthsOla — backed by global marquee investors including SoftBank, Tiger Global, Tencent, and Steadview Capital—employs about 4,000 people in its...