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CUREFIT LAYOFFS
Layoffs in 2024: List of companies that announced job cuts so far this yearAccording to data from Layoffs.fyi, a layoff-tracking website, a total of 2,62,595 employees were laid off last year by 1,187 tech companie...- Next nine months will lead to company failures, shutdowns, down rounds: Gokul RajaramRajaram, dubbed the ‘Godfather of Google's AdSense’, who later became product director of ads at Facebook, is also an angel investor in dom...
- India to drive cloud demand: SAP; Cult.fit eyes IPO in 12-18 monthsTerming India “one of the fastest growing markets (for SAP) in enterprise and mid-market segment,” Scott Russell, executive board member, c...
- Third wave threat to Diwali salesIn today's ETtech Morning Dispatch, Amazon and Flipkart may call off Great Indian Festival and Big Billion Days face the threat of a third ...
- Businesses braced for the catastrophic impact of COVID-19. The blow may have been milderIt was believed that smaller companies cannot absorb the economic impact of COVID-19 and many would simply shut shop. Six months later, it ...
- Court restricts CureFoods from selling movable assetsThe company had sent a termination notice claiming that it was unable to do business owing to the Covid-19-induced lockdown.
- Indian startups like Grofers, Zomato start restoring salaries after pay cutsWhile the country's economy has gradually begun to open up, albeit under a tight leash, the startups are beginning to reinstate the salarie...
- Some companies that have been forced to lay off staffers are helping them find jobs elsewhereLayoffs are the big story now, and it's never a good day to lose your job. But there's a now a side story to it.
- Zomato starts ‘Talent Directory’ to help its laid off employees find new jobZomato has created a Zomato Talent Directory for employers to access employee profiles listed on its forum.
- 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...
- Zomato to lay off 13% of its staff as Covid-19 severely impacts food ordering businessZomato has said it will let go of 520 people and undertake up to a 50% pay cut for remainder of the organisation.
- 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...
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