Layoffs
Finance
Funding value drops as early-stage deals lead in ecosystem this week
Venture capital and private equity funding activity remained subdued in terms of value this week, as early-stage funding took precedence ......
TMT
Ola sacks employees post restructuring
Bengaluru-based cab aggregator platform Ola Cabs has laid off employees from some of its verticals as part of a restructuring ......
TMT
Pune labour commissioner's office summons Amazon over layoffs
Pune’s labour commissioner office has summoned Amazon next Tuesday on the voluntary separation program (VSP) it had introduced a couple ......
TMT
Unacademy arm Relevel to cut 40 jobs as part of ops rejig
Edtech unicorn Unacademy will be letting go of 20% workforce from its subsidiary Relevel as the parent entity plans to ......
People
Edtech firm Harappa fires 35% workforce
UpGrad-owned edtech platform Harappa Education has shown the door to around 70 employees or 35% of its 200-strong workforce, at ......
People
Moglix lays off up to 3% workforce
Business-to-business (B2B) e-commerce unicorn Moglix has laid off 30-40 employees, joining a large group of Indian startups that have slashed ......
TMT
Oyo to layoff 600 execs across technology teams, hire 250 for sales
Oyo plans to lay off 600 executives across its technology and product teams as it shuts down projects and merges ......
Consumer
Zomato asks execs to leave in company-wide layoffs
Food delivery aggregator Zomato is laying off employees across functions, including technology, product and marketing, said a person with knowledge ......
TMT
Brainly fires almost entire India team as growth slows
Prosus-backed edtech firm Brainly, an online community learning platform, is said to have fired a portion of its employees globally ......
TMT
Udaan lays off about 350 employees in second round of layoffs
Business-to-business unicorn Udaan is firing up to 350 employees in the second round of layoffs since June, as the startup ......
