Grab (SEA) going through it's biggest layoff: 1000 folks laid off today

Reason - the team wants to accelerate timeline to profitability To those affected really sorry this community is here for you!

Meesho to layoff 15% workforce today.

Google has today announced layoff in India as part of their global layoffs

Meesho will be firing 251 employees this week. I have many batchmates in this org and have heard nothing but good about this company. Sad to see this economy claiming another victim in the form of Meesho.

People in the firm what is happening? Is this the end of edtech and BYJUs? What went wrong?

This morning, ShareChat laid off twenty percent of it's entire staff. The laid off employees were locked out of their system and received the communication of their lay off in their personal email. This is the biggest layoff by ShareChat so far. Many of the features of the ShareChat and Moj app have been told to shut down and their entire team is fired. The employees are offered 45 days of severance pay, leave encashment, bonus and are allowed to keep their system with them.

There was some call around 9 AM today, some folks are laid off. Didn't know the % yet.

I’ve heard some worrying rumours from Indo-based folks about possibility of layoffs in upcoming weeks/months. Does anybody know what’s going to happen or have an inside scoop?

Has Zepto started laying off? few folks reached out to me for jobs!

Their consumer lending app has been pretty much shut for a while and tough competition fused with frequent management diktats seems to indicate that this might be true.