In 2023, Wipro announced that it has let go of around 452 freshers who failed to clear the company’s performance tests
Swiggy on Friday announced it is laying off 380 employees citing challenging macroeconomic conditions. Swiggy founder and CEO Sriharsha Majety said, “I’m extremely sorry to all
Mohalla Tech Pvt. Ltd, which runs ShareChat and short video platform Moj, laid off around 20% of its employees (600) due to “external macro factors impacting the cost and availability of capital
After 2020 and 2022, Meesho fired nearly 300 employees after the shuttering of Meesho Superstore. Meesho has reportedly shuttered its grocery business ‘Superstore’ in more than 90% of cities in India
BYJU'S, the edtech unicorn in 2022 laid off 2,500 employees, or around 5% of its workforce. It happened after BYJU’S decision to close down its branch offices in nearly 60 cities in India
Online grocery player Blinkit fired 1,600 employees in 2022. Most of Blinkit’s layoffs have happened in cities like Mumbai, Hyderabad, and Kolkata, and across segments like riders, pickers, and store managers
After 2021, Unacademy fired 350 of its 3500 employees as it reported a net loss of Rs 2,693 crore for the financial year 2021-22
In 2023, Ola started laying off employees across product and tech teams as part of a ‘restructuring’ exercise. Over 200 employees were handed the pink slips in this process.
In 2022, Cars24 laid off around 600 employees. As per reports, most of the layoffs had taken place because the startup was looking forward to further automating operations and cutting costs.