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INDIAN STARTUP LAYOFFS
CarDekho joins IPO queue; Tech’s quiet job cutsHappy Thursday! CarDekho is finally hitting the accelerator on its long-planned IPO. This and more in today’s ETtech Morning Dispatch.
Swiggy’s Indian control push; Cultfit’s big IPO swingSwiggy has inched closer to qualifying as an Indian-owned and controlled company. This and more in today's ETtech Top 5.
Too much riding on one AI stock? Why techies should diversify their RSUs before it's too lateWith tech employees holding up to 80% of their net worth in a single stock, advisers say not selling is a real danger.
Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
No vacancy at home: Worsening job market greets H-1B returneesIndian tech professionals returning from the US, including H-1B visa holders, face a challenging job market back home. Layoffs at major US ...
Indian techie forced to return to India after losing H-1B status following layoff, asks: ‘How do I start over?’An Indian software professional is returning to India after five years in the U.S. with debt and no savings, feeling defeated by layoffs, v...
BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.
Claude Fable 5, Mythos banned: Indian techie shares Indian jugaads one can use to bypass restrictions to access AI toolsNew US restrictions on advanced AI models from Anthropic have caused a stir in India. Indian tech enthusiasts are sharing 'jugaad' solution...
Jobseekers flood market after global tech layoff waveA significant surge of over 56,000 Indian tech professionals from major global companies are now actively seeking new jobs, a fourfold incr...
VCs turn the screws; Ex-Paisabazaar CEO’s new betHappy Friday! Investors are rewriting the rules of engagement with founders after governance blowups. This and more in today’s ETtech Morni...
Fable 5's cost challenge; Opendoor's India exitAnthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETt...
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
Major layoffs announced by Indian startups recentlyA prolonged funding winter and uncertain macroeconomic conditions triggered mass layoffs across Indian startups over the past few months. S...
Telecom gear maker Ericsson to lay off 1,400 employees in SwedenThe company had earlier announced plans to cut costs by 9 billion crowns ($880 million) by the end of 2023 as demand slows in some markets,...
Indian Startups In Layoff Mode: 3 Ways To Cope If You Are Handed The Pink SlipHow to move on if you are sacked
Layoffs to make India startups more cash-conservative, growth focused in 2023: reportThe report by 100X.VC, a homegrown venture fund investing in early-stage startups, said that due to layoffs at some large corporations, wel...
India's bleeding startups stare at a harsh summer, hands out pink slips to hundredsWhile the trouble at Snapdeal has grabbed attention, others such as Craftsvilla, YepMe and Tolexo are among the startups that have fired st...