Layoffs
on
SparklyWalrus
MPL layoffs 350 employees
MPL layoffs 50% of their indian workforce ~ 350 employees After the 28% GST rule
22mo ago
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CosmicLlama
Freelancer22mo
they just needed a reason.
SparklyWalrus
Spinny22mo
They need to find a loophole in this new rule else all gaming industry will collapse.
QuirkyPotato
Stealth22mo
I love how the CEO just blamed the government and took no responsibility. Classic.
Casinos in Goa are taxed the same 28% and still make a killing.
GST won't impact RMG as much as the PR says it will. Customers mostly don't care.
Mpl and other RMG cos are just overvalued, are competing for a small number of high value gamblers, and need to right-size.
SparklyBoba
MPL22mo
Bure din are here :/
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