Lot of start ups raising funds and then laying off - what are the funds for then?

Software Developer

Customer success

Arrey bhai pata hai to confirm karo, gyaandupan mat karo

Product Owner

Product Manager

HAS THERE BEEN A LAYOFF AT AWIGN? It just raised 20M dollars

HAS THERE BEEN A LAYOFF AT AWIGN? It just raised 20M dollars- Grapevine

Welcome to Indian Startups's Private Community

Keep hearing there is a massive layoff coming... Founder checked out and company is up for a firesale... Anyone from there?

What's up at airmeet

How it happened?
-wifi turned off
-Slack disabled
-Email disabled

Mojocare laysoff their entire staff of around 200+ people

Founder

50% layoff at a Bangalore  based health tech startup. Founder had no shame or guilt. Has raised funding recently but chose to fire people again. This is the third layoff in the last 1.5 years. Terrible management, declined variable pay. Severance is to paid in the next 4 months. Just trying to pivot the company into ‘AI’ without any plan whatsoever.

Massive Layoffs at HealthTech Startup

Executive coach

I heard that a lot of people were laid off from the marketing department.

Layoffs at wintwealth?

Almost 90% of the employees (appx 130) have been laid off with the remaining being absorbed by Affinidi India. Both of them are Temasek funded in-house ventures.

Layoffs at Goodworker!!!

Retention manager

Unacademy’s FY23 Loss Falls 41% To INR 1,678 Cr, Posts INR 907 Cr Revenue

Unacademy’s Loss Falls 40% FY2023

Heard that massive layoffs are happening and they are exiting the market altogether?

Any intel on it

Any news on Goodworker

Software Engineer

Fintech startup Wint Wealth laid off around 20% of its workforce in an internal restructuring exercise earlier this month

Wint Wealth Fires 20% Of Its Workforce In A Restructuring Exercise

Wint Wealth lays off 20% workforce :(

First round happened in March. 130-140 engg.
Around 40 engg were fired.
Then some silent layoffs happened in different teams like hr. 
Then Few good enggs left the company.
This week another round happened with around 20-25 enggs

Another layoff at the most overvalued unicorn startup.

Folks, any feedback on Awign? How's their culture and business?

HAS THERE BEEN A LAYOFF AT AWIGN? It just raised 20M dollars

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