Heard about layoffs at Chingari with 50% staff having been let go...how much of it is true ?
Sad I was hoping the OF model would work in India
Unlikely. As Kunal Shah says, India is DAU/MAU farm. Very low on ARPU.
Please explain those abbreviations.
Free ke porn ke liye paisa kaun dega
But this worked well in the US
US market has money to spend on these things
looks like it is confirmed- https://inc42.com/buzz/exclusive-chingari-sacks-over-50-employees-in-second-round-of-layoffs/
Chingarai bhuj gayi
Aag to lag chuki h ab bujhne ka intezaar karo
With a name and business model like that, the company’s closure can’t come any sooner.
This morning, ShareChat laid off twenty percent of it's entire staff. The laid off employees were locked out of their system and received the communication of their lay off in their personal email. This is the biggest layoff by ShareChat...
What’s happening at Swiggy? Which teams are being laid off and how is the process being handled?
Hope not the way Sharechat did.
Read news here: https://yourstory.com/2024/11/freshworks-cuts-13-of-its-workforce-impacting-660-employees
Aaand they are up 5.2% today Investors reacting favourably We're all adults here but capitalism is funny
For some context- AI has emerged to be one of the biggest threat to SaaS. Excerpts from the death of saas (https://a...