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Over 23,000 techies lose jobs in nearly 82 Indian startups to date

As layoffs continue to deepen amid recession fears, more than 23,000 employees have been laid off b…

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Layoffs begin at Ola, 200 employees to be impacted by restructuring exercise

Ride-hailing major Ola has started to lay off 200 employees from its Ola Cabs, Ola Electric and Ola…

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6 mins read

Tech layoffs to continue for sometime thanks to a slowdown in demand and an uncertain economic environment

Bipin Singh, a business development manager at Byju’s with over 11 years experience in the EdTech i…

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8 mins read

11,000 and counting — that’s how bad startup job losses are after Ola, Byju’s & 22 others cut costs

Indian startups have laid off a little over 11,000 people in the last six months as the flow of cap…

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Over 1,600 techies being fired a day on average in January says tracking site Layoffs.fyi

Homegrown social media company ShareChat (Mohalla Tech Pvt Ltd) laid off 20 per cent of its …

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BYJU's slashes over 1,000 jobs, mostly from its engineering teams

Edtech major BYJU's has laid off further 15 per cent of its employees from its engineering teams, a…

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PharmEasy falls into difficult times, lays off employees for the second time this year

After delayed its plans to go for an IPO in August 2022, Mumbai-based healthtech startup PharmEasy …

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Ola fires 1400 people as revenue is hit by 95% in the last two months

Indian ride hailing unicorn Ola has fired 1400 people as a cost cutting measure during the coronavi…

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70-plus Indian startups show exit door to 21K techies, more pink slips coming

As global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees…

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91 tech companies lay off over 24,000 employees in Jan to date

The year 2023 began on a bad note for tech workers globally and 91 companies have laid off more tha…

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It would be a long firing season for startups — experts say 60,000 could lose their jobs

Indian startups have already laid off around 6,000 employees in the last five months. But this star…

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Amid the layoff season, these five startups are on a hiring spree

Over 11,000 people have lost their jobs so far this year and it could increase further to 60,000. E…

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Over 32K tech workers fired in US, more than 11K in India this year

More than 32,000 tech workers have been laid off in the US till July this year, including at Big Te…

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4 mins read

Tough times will make startups go for ‘hero teams’, slash ad budgets and focus on profits

The anticipation of a rough funding winter may make Indian startups more conscious about their spen…

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India created 14 unicorns in the first half of 2022 — before funding slowdown hit them

The Indian startup valuations have taken a hit since April this year. Yet India has still managed t…

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10 million people tried Ola for the first time last fiscal year, says CEO Bhavish Aggarwal

Ten million people tried Ola for the first time in the financial year 2021, the ride hailing giant’…

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6 mins read

The worst for Indian startups is yet to come — be prepared for layoffs, unicorn slowdown and startup shutdowns in 2022

Things are not as bright for the Indian startup ecosystem as they were last year. The segment which…

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Ola expands ESOP pool to ₹3,000 crore, issues stock worth ₹400 crore to employees

Ride hailing giant Ola has expanded its employee stock option plan (ESOP) pool to ₹3,000 crore. It …

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Ola raises half-a-billion dollars from Temasek and Warburg ahead of its IPO

Ride hailing giant Ola has raised $500 million from investment titans Temasek and Warburg Pincus, a…

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SoftBank-backed Ola reportedly picks Citigroup and Kotak Mahindra for its $1 billion IPO

India’s Uber-rival Ola has picked up banks to manage its share sale to the public, as per a media r…