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Layoffs in 2023: Paytm s parent company, One 97 Communications, has reportedly laid off over 1,000 employees as part of a cost-cutting strategy, following a realignment of its businesses and recent declines in stock prices. ....
Layoffs in 2023: As the sun sets on 2023, a stark reality hangs heavy over the Indian tech landscape - downsizing. Over 15,000 employees across nearly 100 startups were handed pink slips this year, a chilling echo of a prolonged funding winter and challenging global conditions. ....
ShareChat sees valuation cut by almost half amid funding winter, similar drops in valuations of global social media peers like Snap, X (formerly Twitter) ....
Social media platform ShareChat is in advanced talks to secure approximately $50 million in funding, TechCrunch reported, citing two sources familiar with the matter.