Zestmoney is latest to the list.  
 Doubtnut probably.  
 Share chat lining up as I read.  
  
 Who else?

Chief of Staff

Product Manager

Front row 
  
 2024 will see the doom a lot of "adjusted" ebidta start-ups since funding has really dried up and investors are pushing for profitability.  
  
 You can imagine this after 17% lay-offs were announced for Spotify, stocks went up by 20%

Just go to VC website and search for firms that didn't raise followup rounds in last 2-3 years. 
  
 You will find a ton of them on their way to graveyard

Founder

All short form video content apps except youtube & instagram

Software Engineer

Anar, I believe from this Tweet: https://x.com/upadhyay_harsh1/status/1732249972777586689?s=20

many companies are shutting down especially the named ones. many are close to getting shut. is there a good resource to track? want to keep it handy for future purposes. :)

Welcome to Indian Startups's Private Community

which companies have shut shop in 2023 till now?

which companies have shut shop in 2023 till now?- Grapevine

Like layoffs.fyi, is there any website that tracks startups that shut down on a monthly basis?

Startup shutdowns

Lets collate a list. I will start with a few guesses.
1. Bounce
2. Zepto
3. Sharechat
4. Dealshare

please add - lets collate a list and analyse again in 18 months.

What all large startups will shut down (fold) over the next 18 months?

There’s now a list of 4-6 startups that have shut down and announced closure in December. Why is this happening

Why are so many startups shutting shop in December?

Business Development Manager

https://www.moneycontrol.com/news/technology/from-gomechanic-to-zestmoney-why-thousands-of-startups-shutdown-in-2023-11953691.html

number of deadpooled startups, or companies in India that shutdown or were pushed to the brink of a shutdown, stood at 34,848 in 2023

How many Indian startups shutdown from the beginning of 2024.

Journalist

Welcome to Software Engineers's Private Community

Hey Grapevine folks,

Can we please share any info on companies that are laying off or have laid off in recent times (2-3 months)?

We can use this format:

<company name> (<location>) 
- <number of employees laid off>
- <reasons for layoffs like low runway>
- <first round or follow-up round of layoffs>

This would be helpful for folks who are currently in the market to understand the layoff scenario.

Layoffs tracker for recent months

Software Developer

Can we please share the companies which are laying off and kind of roles laid off?

1. Goldman Sachs -Consumer Banking 
2. Twitter -Marketing 
If you have any other companies also please post in comments

List of companies laying off employees in India

Product Owner

list the company only if you reliably know.

Which companies are doing silent layoffs?

Some companies I heard of,
Airmeet
Inmobi
Simplilearn
Spotdraft

Which companies are laying off people now?

There are so many that are also doing silent layoffs right now

Consultant

Figure out if your startup may get in trouble or not.

Go to the link below 

If yes, go get a confirmation from him of the money 💵 is stuck

https://www.ycombinator.com/blog/urgent-sign-the-petition-now-thousands-of-startups-and-hundreds-of-thousands-of-startup-jobs-are-at-risk below and find if your founder has signed for petition

SVB impact

266 tech companies w/ layoffs ∙ 74,992 employees laid off in 2024.

https://layoffs.fyi/

A comprehensive list of tech layoffs

Cloud Consultant

Name the e-commerce companies based in India which are undergoing layoffs these days?

Operations Manager

As long as  EBITDA positive and profitable then company will survive! 


Unit economics needs to be focused! 

#newnormal #startups

Next coming months you will see many startups shutting down

Analyst

I put this post 1 year back that Byjus may shut down and funny to see the comments of people now , 🤣🤣🤣

Checkout this post on Grapevine - https://share.gvine.app/Adbx5VpHdqDZLR7b7

Byjus may shut down

19+ comments on Grapevine


Here is the list of other companies that may shut down

Unacademy
Vedantu
Jupiter
Fi
Slice

Byjus- A Unicorpse From Unicorn to

Growth Manager

Welcome to Office Gossip's Private Community

Layoffs:

Global
- Stripe 14%
- Opendoor 18%
- Twitter 50%
- Delivery hero 
- Chime 12%

India
- Udaan (tranches)
- Chargebee 10%
- Byjus 5%

Hiring freeze:
- Apple
- Amazon

Mega Thread- All tech layoffs so far

We hire interns occasionally, and the market for interns is so bad right now, students are approaching us to work for free (we do pay a stipend and don't ask for free work).

Companies aren't even hiring that many interns, and college students need internship experience to add to their resume and compete in the market. 

Heck, MSMEs are shutting down and MNCs are doing layoffs, not very inspiring. We've managed to survive somehow through all the covid ups and downs.

Would like to know more from students on GV, what's your college internship and placement scenario like? What are you doing to stand out?

If you think IIT IIM students have it bad, take a look at other colleges

Generalist

VC with 5+ yrs of exp - AMA

Community Manager

Welcome to News Discussion's Private Community

- Discord
- Google
- Beam Benefits
- Amazon
- X
- Twitch
- Humane
- Unity
- Cloudflare (unannounced layoffs, shared by ex-CF folks on LinkedIn, Tiktok)
- Duolingo

Companies that have laid off so far

https://zeenews.india.com/companies/over-50000-employees-laid-off-by-153-companies-globally-in-2023-so-far-as-google-joined-the-league-2563912.html

Alphabet and Google CEO Sundar Pichai announced in an email sent to affected employees to lay off 12,000 employees globally. It joins the league of other companies like Microsoft, Salesforce, Vimeo to fire their employees in 2023 till now.

which companies have shut shop in 2023 till now?

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