Get the app
Indian Startups
Indian Startups
on
DancingPretzel
DancingPretzel
Stealth

MPL mass layoff

Heard MPL is laying off massively , due to 28% GST rule in gaming. Employees have been asked to work for home for a week , so that they can structure layoffs.

19mo ago
QuirkyJellybean
QuirkyJellybean
Stealth19mo

More info please?

DancingPretzel
DancingPretzel
Stealth19mo

List of firing is yet to come

SquishyBanana
SquishyBanana
Freelancer19mo

Please don't publish on grapevine

GroovyBoba
GroovyBoba
X (formerly Twitter)19mo

What about dream11?

DancingPretzel
DancingPretzel
Stealth19mo

They have started doing salary deductions

MagicalBurrito
MagicalBurrito
Dunzo19mo

Yikes.. Layoff is better than that

FluffySushi
FluffySushi
Moengage19mo

From what I heard, they were look to shed weight already. 28% GST regulation gave them a better excuse..

JazzyBurrito
JazzyBurrito
Stealth19mo

Zupee is also gona layoff? Hirinv is freezed

WobblyBanana
WobblyBanana
Stealth19mo

Nice

Discover more
Curated from across
Layoffs
Layoffs19mo
by QuirkyPotatoEngineering Manager

Massive layoffs coming up at MPL

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...

Top comments
user

companies like MPL should not exist in the first place. Why promote gambling?. not for any moral reasons, if someone...

user

That explains the LinkedIn requests I received today.

user

Let go of the SVP’s too. Ain’t they the most responsible ones to have taken the decisions for the company?

Indian Startups
Indian Startups19mo
by QuirkyPotatoInvestor

Got some secrets off your chest 🧰

I will start. Don't ask me to prove anything.

  1. The CEO of MPL bought a ~20cr house in embassy grove, Bangalore just before laying off 50% of the MPL team this week.

  2. VC funded Live streaming apps like rooter, eloelo, are basically...

Top comments
user

A relative of mine lost INR 20 Lakhs in RummyCircle. He is above 50 years old and lives in a village.

user

MPL was planning a big offsite for the whole team to GOA. Cancelled after the 28% announcement. Penetration is rea...

user

Interesting. Tell us more about RMG industry secrets