Zest <> Phone Pe acquisition fell through. What happens to current Zest employees?

Post phonepe declined to acquire Zest, following ate the scenarios at Zest : 1. 33% employees laid off 2. 33% employees were hired at Phonepe 3. 33% employees have jobs at Zest but they are thinking Zest to be a sinking ship so might move away.

Anyone has any inside scoop on what’s going on at Zest Money? Why did the founders resign en-mass?

I remember one of the founders who had quit posting about OCEN and ONDC. Also, they're hiring for new venture. Any insider info?

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

In final stages of PM role interview. Info would really help. Needed info on cashfree in terms of the following - 1. Financially, funding crunch ( heard some layoffs are coming in tech and product). 2. Product culture 3. Product vision, quality, (heard that they just mimic what Razorpay does) Fire away folks.

- Severe cash crunch - The remaining 50% of salary is expected to be paid on 15th July - Reliance not willing to invest more funds - Talks ongoing with PhonePe and Paytm for acquisition (Dunzo would support their ONDC backend delivery logistics)

they laid off around 30-40% of their strength.