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Layoffs
Layoffs
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SparklyWalrus
SparklyWalrus
Spinny

MPL layoffs 350 employees

MPL layoffs 50% of their indian workforce ~ 350 employees After the 28% GST rule

19mo ago
CosmicLlama
CosmicLlama
Freelancer19mo

they just needed a reason.

SparklyWalrus
SparklyWalrus
Spinny19mo

They need to find a loophole in this new rule else all gaming industry will collapse.

QuirkyPotato
QuirkyPotato
Stealth19mo

I love how the CEO just blamed the government and took no responsibility. Classic.

Casinos in Goa are taxed the same 28% and still make a killing.

GST won't impact RMG as much as the PR says it will. Customers mostly don't care.

Mpl and other RMG cos are just overvalued, are competing for a small number of high value gamblers, and need to right-size.

SwirlyRaccoon
SwirlyRaccoon
Target19mo

I don't think Casinos and Mobile games can be compared directly 💁🏻‍♂️

QuirkyPotato
QuirkyPotato
Stealth19mo

They are literally online casinos

FluffyNugget
FluffyNugget
Plivo19mo

Instant profit for their balance sheets ☄️🔥

FluffyCupcake
FluffyCupcake
Amazon19mo

IPO in 12-18 months

JazzyWalrus
JazzyWalrus
Stealth19mo

Toh profit loss account main Kya daaloge?

JumpyPretzel
JumpyPretzel
Stealth19mo

What is MPL?

SparklyWalrus
SparklyWalrus
Spinny19mo

Mobile premier league

JumpyPretzel
JumpyPretzel
Stealth19mo

Never even heard that name🤔

QuirkyJellybean
QuirkyJellybean
Stealth19mo

Kitna severance package mila

WobblyBanana
WobblyBanana
Stealth19mo

👍🏽

SparklyBoba
SparklyBoba
MPL19mo

Bure din are here :/

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