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SPINNY LAYOFFS
Zomato posts maiden quarterly profit; Data Bill introduced in Lok SabhaGurugram-based food delivery platform Zomato reported its first-ever profit in the April-June quarter of FY24, reversing losses of Rs 186 c...
03 Aug, 2023, 07.32 PM IST
Used car startup Spinny lays off around 300 employeesThe layoffs are part of a restructuring exercise that will also see its budget and luxury car offerings — Truebil and Spinny Max — being me...
03 Aug, 2023, 06.18 PM IST
Scoop: HUL & others in talks to buy Oziva; Swiggy may sack 250 employees this monthOziva, which sells nutrition and fitness products across categories such as women’s health, skin, hair, men’s health and general wellness, ...
08 Dec, 2022, 08.02 AM IST
Blume Ventures closes its largest fund at $250M; Vedantu sacks 385 in fourth round of layoffs this yearSeveral venture funds focused on India and Southeast Asia have been raising record amounts of capital despite the global macroeconomic down...
07 Dec, 2022, 07.06 PM IST
Startup layoffs triggered panic among senior professionals: surveyAbout 30% of senior professionals at about 200 organisations employing more than 200,000 people are seeking opportunities in other industri...
08 Jul, 2022, 06.00 AM IST
Cars24 swerves to slow lane to ride out macro stormThe SoftBank and Alpha Wave Global–backed company is looking to reduce its burn rate by around 50% to extend its runway and readjust to a r...
07 Jul, 2022, 02.43 PM IST
Startups reach out to find jobs for the laid-offScaler, Filo, Classplus, PhysicsWallah, BrightChamps, Teachmint, ByteLearn and Mojocare were some of those companies offering help.
20 May, 2022, 06.00 AM IST
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...
19 May, 2022, 08.23 PM IST