Searched for
FURLENCO SACKING
Startups laid off 18,000 employees in 2022; Udaan, Ola, Oyo saw the most senior-level exitsThis time last year, India’s startup ecosystem was counting unicorns. Now, it’s tallying layoffs. According to data compiled for us by Long...
Unacademy CEO warns of long funding winter; Infy CEO’s pay rose 43% in FY22Gaurav Munjal, cofounder of SoftBank-backed Unacademy, has told its employees the funding winter will last at least 12-18 months, saying th...
Winter is coming, Y Combinator warns; startups show solidarity amid layoffsThe famed Silicon Valley startup accelerator has told founders of all its portfolio companies to hunker down, cut costs and extend their ru...
Now, Cars24 sacks 600 employees; small online sellers face CCI heatThe company, which is backed by SoftBank and Alpha Wave Global, joins a growing list of startups that have fired employees to conserve cash...
Ola loses appetite for cloud kitchens; Meta sued for ‘hiring bias’ against US citizensOla is scaling back and looking to sell most of its kitchen equipment.
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...
Furniture rental startup Furlenco lays off 180 employees amid restructuringThe Bengaluru-based startup is backed by the likes of UAE-based CE-Ventures, Zinnia Global Fund, Lightbox, Bollywood actor Aamir Khan, amon...