jinyang
Layoffs at Simpl🫣
Second round of layoffs at simpl within a month☠️
No future for BNPL in India?? 🤔
5mo ago1.9K views
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Second round of layoffs at simpl within a month☠️
No future for BNPL in India?? 🤔
Simpl has laid off over 25 per cent of its workforce, which is around 150-200 employees, this week, https://www.timesnownews.com/business-economy/companies/layoffs-intensify-another-indian-startup-announces-job-cuts-says-re-looking-headc...
Is this true?
Their consumer lending app has been pretty much shut for a while and tough competition fused with frequent management diktats seems to indicate that this might be true.
Hearing another mass layoffs on the cards at a fintech startup that is into lending, insurance and mutual funds in Bengaluru, which had laid off about 20% in June last year !
