70% Employees Fired, SoftBank Pulled Out, Co-Founder Admits

70% Employees Fired, SoftBank Pulled Out, Co-Founder Admits To Lapses: All Is Not Well At GoMechanic

Sequoia India-backed automobile after-service startup GoMechanic has become the latest Indian startup to issue pink slips to its employees. What is worse is that, after firing 70 per cent of its employees, the company has asked remaining of the employees to work without pay for three months, according to a report on The Morning Context.  -- aaa

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