Lendingkart is letting go half of its workforce of around 500 employees with immediate effect. While the company is yet to make an official statement, a few employees exclusively spoke to OfficeChai and apprised us of the goings-on.
The coronavirus layoffs in India have moved from the hospitality sector to food delivery. Zomato has said that it’s laying off 520 employees,…
Tonbo Imaging, a Bangalore-based company that produces and for the last 12 years has been supplying defence technology such as advanced sensors, cameras, and software used by defence forces, has claimed that the government is not living up to their “make-in-India” mantra themselves. Arvind Lakshmikumar, the CEO of the company has released a strongly worded open-letter to the government that claims that the government has defaulted on the payments for defence equipment supplied by the company.
The coronavirus lockdown has turned things in the Indian startup ecosystem all topsy-turvy. After startups from ranging from Zomato to Uber to Nobroker…
A day after Twitter said that its employees would be allowed to work-from-home “forever” if they so chose, an Indian company has gone…
The coronavirus pandemic has upturned businesses: some companies have had to completely shut down operations, while others are being forced to operate in…
The coronavirus lockdown hasn’t exactly brought cheer to most of the world, but there’s one aspect in which it might just end up…
News of layoffs is now coming in thick and fast from the US tech industry. A day after Airbnb had said that it…
The strain is already beginning to show for companies that have been hardest-hit by the coronavirus pandemic. Fitness startup Curefit has reportedly laid…