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RELIANCE JIOMART LAYOFF
Grocery delivery startup Apna Mart culls 10% of staff, moves base to GurugramApna Mart, an online grocery service, has reduced its workforce by 10%. This move is a result of integrating artificial intelligence into o...- Reliance eyes Flipkart veteran; Small towns seek wealthFlipkart's former chief product and technology officer is set to join Reliance Retail Ventures as CEO. This and more in today’s
- Dunzo valuation may drop to $200 million, firm seeks nod for rights issueWhile a few of the existing investors have committed around $10-15 million in capital at the reduced valuation, the company’s board is yet ...
- ETtech Exclusive: Dunzo cofounder Dalvir Suri to exit amid tough timesDalvir Suri, who joined the Bengaluru startup as a cofounder six years ago, was a key executive for core business DMS, client liaison, staf...
- Amazon local revenues enough to fund India investments; on track for profitability: Amit AgarwalAgarwal’s remarks follow Amazon’s commitment to raise its investments in India to $26 billion by 2030, announced by chief executive Andy Ja...
- Milkbasket sees redundancies as Reliance steps up integrationSubscription-based delivery firm Milkbasket is seeing a slew of layoffs and redundancies as its integration with parent Reliance Retail is ...
- Supply chain firm Prozo to add one million sq ft warehousing space every yearEstablished in 2015 and headquartered in Gurgaon, the company has successfully secured funds totalling Rs 131 crores to date from investors...
- With Big Tech ousted, what’s next for internet grouping IAMAIEarlier this week, the Internet and Mobile Association of India (IAMAI) elected a new 24-member governing council – and from that, a four-m...
- As India's job bandwagon picks up, IT sector falls off pace: DBS reportA slowdown in consumer demand post the pandemic and uncertain macroeconomic conditions triggered mass layoffs across Big Tech firms over th...
- Exclusive: Reliance JioMart fires 1,000, a bigger layoff round likelyThis is part of a larger cost-cutting measure over the next few weeks which will include reducing the 15,000 workforce in the wholesale div...
- Exclusive: Reliance JioMart lays off 1,000 employees; govt groups may submit AI rules framework soonLayoffs have now hit Reliance Industries, with its wholesale format JioMart sacking over employees, as per people in the know. This and mor...
- Exclusive: Dunzo secures funding via convertible notes, lays off 30% of staffAbout $50 million of the funding is coming from Google and Reliance Retail while other existing investors are putting in the rest.
- Tata Neu’s muted first year, PhonePe-ZestMoney deal called off & the week’s top tech storiesHi Digbijay here in Bengaluru. Last month, I was in Mumbai and visited the offices of the newest ecommerce challenger in India –Tata Digita...
- India's money-spinning IPL razzmatazz is back home with rivalries and more businessIPL will be played in India after three years where spectators are allowed as well, who were a big miss in recent Covid-stricken years. The...
- 2022 Year in Review | Udaan, Ola and Oyo log most senior executive exits this yearAt least 50 top executives - ranging from C-suite to category and business heads - left Udaan in 2022, as the company grappled with funding...
- Quiet quitting, meet silent sackingWhile smaller companies such as Better.com have announced mass layoffs with alarming regularity, tech giants such as Meta and Google have b...
- Automatic for the people: robots in the workplaceThe move comes amid a liquidity squeeze following the Reserve Bank of India’s (RBI) decision to hike interest rates, even as startups are s...
- Vedantu to sack another 424 employees; PhonePe to buy WealthDesk, OpenQ for $75MEdtech unicorn Vedantu said it is laying off another 424 employees – about 7% of its workforce – just days after sacking 200 contractual an...
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