Layoffs at Waycool.
Agritech company, Waycool has again started layoffs majorly from its tech stack called Censa. Censa might see a shut down. Company laid off 300 employees in September, 2023.
Sabbhejo
Lay off at Waycool foods and products!! 300 already laid off as of now.
Waycool is undergoing organisational restructuring, following the footsteps of UDAAN, don’t see any turning point due to the lay offs. One of the worst planned companies I’ve worked for in my 8 YOE.
16mo ago
Sabbhejo
WayCool16mo
They’re raising one more round , founders want to exit rich 🤑
ConcurrentThinker
Stealth16mo
Too many players in the B2B supply chain business. Not easy to win this battle.
DesiAgritechGuy
Student16mo
My take is that painful as it is they’re cutting flab n taking a call on underperforming businesses and employees as they should.. seriously doubt if founders will exit..
Barbaadeshwar
Stealth16mo
The biggest Agritech bet is also fucked? :(
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