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Startups firing spree in 2016 ?

Discuss Startups firing spree in 2016 ? within the HOT Debates - The Big Fight forums, part of the Management Students Voices ( MBA,BMS,MMS,BMM,BBA) category; Girnar Soft, the parent company of auto portals CarDekho.com, Gaadi.com and Zigwheels.com had fired 60 employees as the company realigns ...

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Startups firing spree in 2016 ?
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Anjali Khurana
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Exclamation Startups firing spree in 2016 ? - April 16th, 2016

Girnar Soft, the parent company of auto portals CarDekho.com, Gaadi.com and Zigwheels.com had fired 60 employees as the company realigns its management and resources to focus on its core areas. More than 150 employees of CommonFloor were fired by Quikr after the latter bought out the former, this January. Tiger Global backed LocalOye had fired close to 60 employees last year in November last year.

Hiree Lays Off 80% Of The Workforce today! This is not the first time they cut staff. The had fired about 10 % workforce in February 2016.

With the recent firing, company now has about 10-15 employees left.

Looks like Startups are on an employee firing spree in 2016?
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Sudhanshu Jaiswal
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Re: Startups firing spree in 2016 ? - March 1st, 2017

will they continue to stamd by the summer intrm
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Anjali Khurana
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Re: Startups firing spree in 2016 ? - March 2nd, 2017

Its a mayhem .. Snapdeal has been laying off its staff left right and centre. Stayzilla shut down. The US Tech outsourcing scenario is bleak.

Brace yourself
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