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Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week, Natasha Mascarenhas, Mary Ann Azevedo …
You could be Wasted and not even know it Read More
Foodtech company Swiggy has announced that it has laid off 380 employees in a bid to “rationalize business amid challenging macroeconomic conditions”. The company has joined around 20 growth-stage startups …
Foodtech company Swiggy lays off 380 employees Read More
GoMechanic has laid off 70% of its workforce as the Sequoia India-backed startup grapples with funding crunch after the existing and prospective investors found that the founders had misstated facts. …
Sequoia-backed GoMechanic cuts 70% jobs amid ‘grave errors’ in financial reporting Read More
ShareChat, the Indian social media startup backed by Twitter, Google, Tiger Global and Temasek, has laid off 20% of its workforce — or over 400 employees — just a month …
Google-backed ShareChat cuts 20% workforce to ‘sustain through headwinds’ Read More
Bengaluru-based Cashfree, a digital payment gateway startup, has laid off 6-8% of its workforce to reduce costs. The Bengaluru-based startup has laid off nearly 60-80 of its employee across divisions. Cashfree …
Fintech firm Cashfree lays off 6-8% of the workforce Read More
upGrad-owned Delhi-based edtech startup Harappa has reportedly laid off about 60 employees or 30% of its 200-strong workforce. According to the Business Today report, The layoffs were announced in the …
upGrad-owned Harappa lays off 30% of its employees: Report Read More
Salesforce has announced that it’s cutting some 10% of its workforce, impacting more than 7,000 employees, while it will also shutter offices in “certain markets.” In a letter to employees …
Salesforce to cut workforce by 10% after hiring ‘too many people’ during the pandemic Read More