In Pics | Indian startups fire more than 1,000 since the beginning of this year
ShareChat
India’s Google-backed parent company Mohalla Tech Pvt Ltd, which runs the social media site ShareChat and Moj, fired at least 20 per cent of its workforce. The company valued at $5 billion, Bengaluru-based ShareChat has more than 2,200 employees, as per Reuters.
Dunzo
According to media reports, Dunzo has enforced a salary cap of US$914 for the month of June (representational image)
Relevel by Unacademy
Since the beginning of this year, the Unacademy-owned Relevel, has also fired at least 40 employees or 20 per cent of their workforce as it pivots from core education business to a test product app called NextLevel, as per media reports.
Harappa Education
In the first two weeks of 2023, UpGrad-owned Harappa Education, has fired at least 35 per cent of its workforce which is 70 employees, as per the Mint.
LEAD School
Earlier this month, Mumbai-based edtech startup, fired nearly 60 employees mostly from the tech and product teams, taking the total number of layoffs to a 100 since last year, said a report by Inc24.
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