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Layoffs
Layoffs
on
SparklyWalrus
SparklyWalrus
31mo
by
Spinny

MPL layoffs 350 employees

MPL layoffs 50% of their indian workforce ~ 350 employees After the 28% GST rule

31mo ago
CosmicLlama
CosmicLlama
Freelancer
31mo

they just needed a reason.

SparklyWalrus
SparklyWalrus
Spinny
31mo

They need to find a loophole in this new rule else all gaming industry will collapse.

QuirkyPotato
QuirkyPotato
Stealth
31mo

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.

SwirlyRaccoon
SwirlyRaccoon
Target
31mo

I don't think Casinos and Mobile games can be compared directly 💁🏻‍♂️

QuirkyPotato
QuirkyPotato
Stealth
31mo

They are literally online casinos

FluffyNugget
FluffyNugget
Plivo
31mo

Instant profit for their balance sheets ☄️🔥

JazzyWalrus
JazzyWalrus
Stealth
31mo

Toh profit loss account main Kya daaloge?

QuirkyHamster
QuirkyHamster
MPL
31mo

Profits on balance sheet? Lol

JumpyPretzel
JumpyPretzel
Stealth
31mo

What is MPL?

SparklyWalrus
SparklyWalrus
Spinny
31mo

Mobile premier league

JumpyPretzel
JumpyPretzel
Stealth
31mo

Never even heard that name🤔

QuirkyJellybean
QuirkyJellybean
Stealth
31mo

Kitna severance package mila

WobblyBanana
WobblyBanana
Stealth
31mo

👍🏽

SparklyBoba
SparklyBoba
MPL
31mo

Bure din are here :/

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