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Sunday, December 22, 2024 | 01:56 PM ISTEN Hindi

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You're fired! Layoff crisis getting out of control at unicorns in India

A growing list of top tech unicorns or companies with over $1 billion valuation each is laying-off employees in an attempt to conserve cash and focus on profitability amid a funding winter this year

job, job loss, layoff, IT industry, fire, employee, work
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Peerzada AbrarShivani Shinde Bengaluru & Mumbai
It’s the season of layoffs. The world is stunned to see big techs such as Meta and Twitter sacking employees, but the Indian startup world too has had its share of bad news. Add to this the absolutely low level of empathy shown by the companies while handling such situations. Take the case of a recent sacking by one of the leading edtech players in India. The staff alleged that the company resorted to unethical means forcing them to sign pre-drafted resignation letters. As if this was not enough, the company also hired bouncers to handle any untoward situation as

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