Indian microblogging platform Koo fires almost a third of its employees as the company struggles with losses and inability to raise funds, according to a spokesperson
Homegrown Twitter rival Koo on Thursday said that it has let go 30 per cent of its workforce over the course of the year amid the current global meltdown.
Sequoia India-backed automobile after-service startup GoMechanic has become the latest Indian startup to issue pink slips to its employees. What is worse is that, after firing 70 per cent of its employees, the company has asked remaining of the employees to work without pay for three months, according to a report on The Morning Context. aaa