Nov 10, 2015
Hi Folks, Over the last few weeks, there has been consistent bad press around a few startups in India concerning lay-offs, (ref. TinyOwl, Zomato, Housing.com, Vizury), bad decisions, hostage s...
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by Pankaj Jain, 500 Startups The trouble that some Indian startups are facing is being touted as the harbinger of a coming apocalypse. What happened at TinyOwl in Pune with employees holding the founders hostage was an embarrassment to all of us. Dazo shutting down. Zomato laying off employee
ver the past six months, several early and growth stage startups are going for massive layoffs. After Tinyowl, Housing, Helpchat, now Info Edge funded Zomato had announced 300 layoffs. In February this year, the company had over 1,200 positions opened and six months ahead it laid off 10 per cent...
Layoffs over emails, town halls or through press releases at short notices before a festival show immaturity, human resources experts say As startups including Zomato and TinyOwl let go of employees because of changed strategies or shrinking funds, experts warn that the recent rush of layoffs could...
TinyOwl co-founder Gaurav Choudhary has reportedly been held hostage for the past two days by the employees who were laid-off by the online food ordering startup earlier this week.
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