Cos like dream 11, games 24x7, Junglee games? Should they be worried too?
Yes I think because mpl and ashneer grover's startup already suffered because of this.
Dream11 and Games24x7 are profitable so they melight not cut jobs but instead freeze hiring for some time. But for unprofitable cos, they'll most likely go for layoffs.
Expect cuts everywhere and deep ones. Another thread says d11 is cutting 70%. So, exercise maximum caution
With govt breathing down neck of all gaming RMG cos heard some big names are leaving
Becoz of GST many companies are pivoting or changing gaming algo to make players loose to pay GST. Game of chances are being launched
Hoping they all close ASAP. 28% GST is not enough. It should be higher at 50%. Westerners used Internet and computi...
Talking about MPL, Dream11, Ashneer’s startup, etc
Given the current tax problems that these companies are going to face from the government, are these companies over or going to get over some time soon?
MPL layoffs 50% of their indian workforce ~ 350 employees After the 28% GST rule
