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Covid-19 Layoffs in Indian Startups

May 20, 2020

Covid-19 Layoffs in Indian Startups

Covid-19 broke the speed of Indian startup ecosystem,the major impact of Covid-19 floated on Travel startups, the reason behind is uncertainty of time to slow down the Pandemic.

The Major big startups are involved in Lay Offs are Zomato, LendingKart, CureFit, Swiggy.

Sr. No	Company Name	Industry	Website	Total Laid Off
1	Zomato	Food	https://www.zomato.com/	520
2	Lendingkart	Finance	https://www.lendingkart.com/	500
3	CureFit	Fitness	https://www.cure.fit/	800
4	Flynote	Travel	https://www.flynote.com/
5	Swiggy	Food	https://www.swiggy.com/	800
6	BlackBuck	Logistic	https://www.blackbuck.com/	200
7	Clevertap	Marketing	https://clevertap.com/	60
8	Shop101	Retail	https://www.shop101.com/	200
9	Meesho	Retail	https://meesho.com/	200
10	Instamojo	Finance	https://www.instamojo.com/	6
11	Capillary	Retail	https://www.capillarytech.com/
12	Acko	Finance	https://www.acko.com/	45
13	Travel Triangle	Travel	https://traveltriangle.com/	250
14	Fareportal	Travel	http://www.fareportal.com/	200
15	Bounce	Transportation	https://bounceshare.com/	120
	Covid-19 Layoffs in Indian Startups

Reference:-

https://timesofindia.indiatimes.com/business/india-business/zomato-lays-off-13-workforce-up-to-50-salary-cut-for-rest/articleshow/75756905.cms

https://officechai.com/news/lendingkart-lays-off-500-employees-50-workforce-sources/

https://www.reuters.com/article/us-curefit-jobs/fitness-group-cure-fit-lays-off-employees-mulls-all-digital-move-sources-idUSKBN22G1WI

https://www.livemint.com/companies/start-ups/covid-19-impact-sequoia-backed-travel-startup-flynote-lays-off-employees-11588308775639.html

https://entrackr.com/2020/04/exclusive-swiggy-to-lay-off-cloud-kitchen-staff-shuts-down-kitchens/

https://www.cnbctv18.com/startup/coronavirus-effect-blackbuck-to-lay-off-over-200-employees-ecom-express-puts-hiring-on-hold-5704301.htm

https://inc42.com/buzz/startupsvscovid19-indian-startup-layoffs-pay-cut-tracker/

https://inc42.com/buzz/exclusive-shop101-lays-off-200-employees-remaining-to-get-pay-cuts/

https://entrackr.com/2020/04/exclusive-meesho-lays-off-over-200-employees-due-to-covid-19/

https://www.business-standard.com/article/companies/covid-19-crisis-consumer-internet-start-ups-brace-for-salary-cuts-layoffs-120040101707_1.html

https://entrackr.com/2020/04/exclusive-acko-insurance-layoff/

https://entrackr.com/2020/03/exclusive-traveltriangle-lays-off-250-employees-covid-crisis/

https://hrnxt.com/news/exclusive-travel-tech-firm-fareportal-lays-off-employees/16389/2020/03/26/

https://www.cqai520.com/tech/scooter-rental-startup-bounce-lays-off-120-employees-amid-coronavirus-scare-report/#more-18179

For More Detailed report write on gurujinotes@gmail.com

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