 "ShareChat")
Regional language social media company ShareChat is laying off 101 employees amid market uncertainties due to Covid-19 pandemic.
In an email to employees, the Twitter-backed platform outlined steps it is taking to "become leaner and position the company better for the future".
"We would be saying goodbye to 101 of our ShareChatwasis today...This is a very tough call for us. I hope you understand that we had to do it for the organization to sustain and see it through to the other side of this pandemic," Ankush Sachdeva, co-founder and CEO of ShareChat, said.
In the past few weeks, a
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