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Layoffs

Camp K12 fires 70% staff

TMT

22 February, 2023

Camp K12 fires 70% staff

Edtech startup Camp K12 has reportedly laid off 70% of its workforce. According to a report by the Morning Context, ......

Meta likely to announce a fresh round of job cuts: Report

TMT

13 February, 2023

Meta likely to announce a fresh round of job cuts: Report

Meta Platforms, which owns Facebook, WhatsApp and Instagram, has reportedly delayed finalising the team budgets at multiple levels as it ......

Sequoia-backed Pocket Aces fires 20% staff amid structural rejig

TMT

06 February, 2023

Sequoia-backed Pocket Aces fires 20% staff amid structural rejig

Digital entertainment platform Pocket Aces Pictures Pvt Ltd has laid off 50 employees or about 20% of its workforce as ......

No cash appraisals at Unacademy this year: CEO

Finance

02 February, 2023

No cash appraisals at Unacademy this year: CEO

SoftBank-backed edtech unicorn Unacademy will not offer cash appraisals to employees this year, co-founder and chief executive officer (CEO) Gaurav ......

Byju's lays off 1,500 employees to focus on outsourcing some operations

TMT

02 February, 2023

Byju's lays off 1,500 employees to focus on outsourcing some operations

Tiger Global-backed Byju’s has fired about 1,500 employees, including senior executives, in the second layoff exercise by India’s most valuable ......

PhysicsWallah swims against layoff tide, set to hire 2,500 staff

TMT

30 January, 2023

PhysicsWallah swims against layoff tide, set to hire 2,500 staff

Westbridge Capital-backed edtech unicorn PhysicsWallah, on Monday announced plans to hire about 2,500 employees across its verticals over the next ......

Dealshare fires 6% staff amid structural rejig

TMT

27 January, 2023

Dealshare fires 6% staff amid structural rejig

Joining the long list of Indian startups that have been trimming their headcount to cut costs, grocery-focussed social commerce startup ......

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Deals Digest: Mid-sized deals take front seat this week

TMT

27 January, 2023

Deals Digest: Mid-sized deals take front seat this week

Mid-to-small-sized deals led the investment activity this week with vehicle battery startup Log9 topping the list with $40 million fundraise.  Of ......

BharatPe invites applications to hire amid rising layoffs at startups

Finance

20 January, 2023

BharatPe invites applications to hire amid rising layoffs at startups

In a time when the internet is flooding with heartfelt messages of employees fired under big tech firms' mass layoff ......

Swiggy lays off 380 employees

TMT

20 January, 2023

Swiggy lays off 380 employees

Food and grocery delivery aggregator Swiggy has laid off 380 employees or nearly 6% of its 6,000-strong staff, becoming the ......