Tiger-backed edtech Scaler lays off 150 employees
The layoffs will impact about 10 percent of the total workforce in the marketing and sales department of the company.
Source: moneycontrol.com
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Paytm layoffs: Amid crisis, company cutting several jobs across departments
Paytm layoffs have already begun two weeks ago and come as Paytm's Payment Bank has been barred by RBI from conducting several businesses.
Source: hindustantimes.com
US-based fintech HighRadius sacks CTO Tanuj Vohra, say sources
Rationale behind the decision to part ways with Vohra are “misalignment of priorities” and “unproductive working relationship
Source: moneycontrol.com
licious layoffs: Licious lays off 80 employees as part of 'operational reset'
The impacted employees are being offered two months salaries as compensation, along with the variable payment for FY24, it added in a statement.
Source: indiatimes.com
Temasek-backed Licious lays off 80 employees as part of operational reset
The development comes months after Moneycontrol reported that the Bengaluru-based unicorn had seen its revenues stagnate while its monthly cash burn remained unchanged.
Source: moneycontrol.com