With govt breathing down neck of all gaming RMG cos heard some big names are leaving
Senior leadership exits at one of the big Rummy RMG players. Silent exits expected of one entire layer because they don’t want to message that they are not doing well with all govt GST laws. Business drop by 50%
Mobile Premier League / MPL CEO cofounder is going to step down. The other cofounder who runs the company day2day will take over. News is that CEO has been on vacation even with all this GST action & some notices they got. laying off 50% of company & then with 20cr house think he has done enough
RMG is most happening industry across !!!
Anything happening with Dream11?
Becoz of GST many companies are pivoting or changing gaming algo to make players loose to pay GST. Game of chances are being launched
Hoping they all close ASAP. 28% GST is not enough. It should be higher at 50%. Westerners used Internet and computi...
MPL layoffs 50% of their indian workforce ~ 350 employees After the 28% GST rule
From what I hear from a friend who is aware of the leadership discussions, MPL might be looking to lay off close to 50% of its workforce and shut down most of its other BU’s to consolidate by October. This would include folks even till t...
companies like MPL should not exist in the first place. Why promote gambling?. not for any moral reasons, if someone...
That explains the LinkedIn requests I received today.
Let go of the SVP’s too. Ain’t they the most responsible ones to have taken the decisions for the company?
Online gaming startups are among those rare breeds which were profitable . With this move, even they will be forced to do layoffs..
