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Covid-19 Layoffs in Indian Startups

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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