Did GoMechanic lay off 70% workforce?

Hi — i’m hearing from a friend the company is about to shut down? any discussions happening at your end around this?

A little birdie tells me that go mechanic is on the verge of shutting shops. Any truth to that?

Does anyone know id Glider AI is laying off people?

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

Heard mojocare numbers are fudged? What do you think? Something cooking?

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?

Boys and girls, Simpl is laying heavy this week. Stay tuned for my rant post in some days Also Dm if you can refer for sde jobs, thanks

Meesho to layoff 15% workforce today.

- GoMechanic, acquired by Servizzy in March 2023, achieved operational profit in the June 2024 quarter. - The company posted a revenue of Rs 210 crore in FY 2023-24 and Rs 85 crore in the April-June 2024 quarter. - New management led by Himanshu Arora and Muskan Kakkar turned the company EBITDA positive. - GoMechanic plans to expand from 50 to 1,000 cities by 2027, aiming to service 1 out of 10 cars in India. - Currently, the company services over 30,000 cars monthly through 600+ workshops in 50+ cities. Source: Economic Times

I am expecting an offer from GoTo for a senior data science role. How good is the culture and whether they provide mobility to SG ? Safe to join GoTo given they had layoffs recently? Thanks