Cure.fit lays off 10% of its trainers, other staff; cuts pay across board

Sources also said that, these employees are asked to either resign with effect from May 1 or even by the end of May as an extra month would be added to their work experience if they want

Healthcare startup Cure.fit has laid off 10 per cent of its employees and cut salaries across board, responding to business taking a hit in the coronavirus pandemic. Sources said the Bengaluru-based company had laid off around 500 people.

Trainers, centre managers and human resources personnel were among employees who were either asked to resign from May 1 or allowed to work till the month end for experience, said sources. Cure.fit, which was founded by former Myntra and Facebook top executives Mukesh Bansal and Ankit Nagori, is learnt to have deactivated the login of employees the day they were requested to resign.