Myntra turns in a profit in FY24, revenue jumps 15% to Rs 5,122 croreThe Flipkart-owned fashion platform, which entered quick commerce last week, has been working on slashing the cost of returns which has pla...
09 Dec, 2024, 10.05 AM IST
2023 Year in Review: Meet the top free agents in India’s technology and startup ecosystemStartups like Dunzo and Dealshare have seen their cofounders leave, while top executives like Byju's chief technology officer Anil Goel, ch...
27 Dec, 2023, 06.01 AM IST
Amid pivot from fast fashion, Virgio fires 30% of staffPositions across the business, tech, design, and manufacturing verticals were hit, while the finance and HR departments were “relatively un...
25 Oct, 2023, 05.56 PM IST
Startups, e-commerce companies may give fresh faces a miss this yearStartups and ecommerce companies in India are expected to reduce their campus hiring for the Class of 2024 due to a lack of visibility caus...
17 Sep, 2023, 08.22 AM IST
Startup hiring from campuses to hit the slow lane this yearCampus hiring by startups in 2023 (from Class of 2024) will see a near 35% decline, according to a survey commissioned by ET to Ciel HR Ser...
16 Sep, 2023, 06.01 AM IST
Mobile makers to hire 60,000 over a year; digital economy to push India GDP: MoS ITWith the demand for India-made mobile phones on the rise, staffing firms expect handset makers to hire some 60,000 people over the next 6-1...
17 Aug, 2023, 07.34 PM IST
Myntra plans makeover of private label strategy, 50 jobs to be hitWhile the impacted roles will be across verticals, a majority of staff in the in-house brands vertical would be most affected, people in th...
27 Jul, 2023, 07.12 PM IST
Significant valuation markdown coming for Byju’s, Peak XV tells LPs; Myntra rejig to lay off 50Hello, happy hump day, but maybe not for Byju’s. Peak XV Partners, formerly Sequoia India, has told its investors that it will have to sign...
26 Jul, 2023, 07.34 AM IST
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.
15 May, 2023, 06.49 PM IST
Scaler appoints Manish Pansari as senior VP to strengthen data science, machine learning verticalsPansari will lead the data science and machine learning business, providing differentiated and aspirational offerings for technical skillin...
12 Jan, 2023, 10.43 AM IST
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.
23 May, 2022, 04.04 PM IST
Amid paycuts and layoffs, some companies chose to shield staff during the Covid stormTata Consultancy Services (TCS), Wipro, and Infosys have deferred hikes. Reliance and Oyo have cut pays.
28 May, 2020, 07.30 PM IST
CureFit lays off hundreds, cuts pay across levelsWhile the company founders will forgo their salaries, the management team and other staff would be taking a 50-20% pay cut as part of a pla...
06 May, 2020, 12.08 PM IST
Flipkart CEO reassures staff, says will honour all job offersIn a virtual townhall, Flipkart CEO assured over 6,000 employees that Flipkart was “financially healthy”.
04 Apr, 2020, 06.23 AM IST
Jabong plans to fire 200 more staff in three monthsOne of the sources said Jabong employs around 600 people, out of which only 150 will be left after integration.
19 Nov, 2018, 12.24 PM IST
Flipkart is ready for a fashion statement in FY18Flipkart’s fashion business, including subsidiaries Myntra and Jabong, accounted for about one third of gross sales in the September quarte...
26 Dec, 2016, 01.18 AM IST
Ecommerce companies like Amazon, Flipkart, Snapdeal and Jabong offering 'accelerators' for ESOPs to top talentWithout an ‘accelerated vesting’ clause, employees holding stock options do not get an exit when a founder or investor sells out.
18 Dec, 2015, 07.16 AM IST