Stay updated with breaking news from Licious Layoffs. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Bengaluru-based company, which boasted a workforce of around 3,000 employees as of January, stated that this strategic realignment is part of its efforts to streamline operations.
Licious, the leading D2C meat and seafood brand, is undergoing a strategic shift. The company has laid off employees as part of an operational reset aimed at sharpening its focus on core business areas. Read more.
The impacted employees are being offered two months salaries as compensation, along with the variable payment for FY24, it added in a statement.
Shinjini Kumar, a former Bank of America and PricewaterhouseCoopers (PwC) executive, resigned from the payments banks board in December, we have learnt. Manju Agarwal, former deputy managing director at State Bank of India, has also quit.
Licious Layoffs: The impacted employees are being offered two months’ salaries as compensation, along with the variable payment for FY24, it added in a statement.