From IT to Startups, these Indian companies laid off employees in 2023
Live MintIn the recent weeks, over tens of thousands of tech employees have been laid off across the globe. Twitter, which fired more than 90 percent of its roughly 200-plus staff in India late last year, closed its Delhi Mumbai offices, people aware of the matter had told Bloomberg. We at KPMG in India remain focused on growth opportunities in India and aligning our hiring to our growth strategy, engaging with potential talent and providing dynamic growth opportunities to all our people.” Two months after Zomato laid off around 3 percent of its workforce on the basis of regular performance, CEO urged people to apply for more than 800 vacant positions within the organisation. Food and grocery delivery platform Swiggy fired 380 employees of its 6,000-strong workforce as part of a "restructuring exercise", according to an internal e-mail shared by Sriharsha Majety, Swiggy’s chief executive and co-founder. Bengaluru-based cab aggregator Ola Cabs also laid off employees from some of its verticals as part of a “restructuring exercise," though the exact number is not knowthis n. In the ed-tech sector, Byju's laid off nearly 1,500 employees from the design, engineering and production verticals after 2500 laid off in October last year.