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Grapevine

Pocket FM Faces Major Layoffs Amid Restructuring

  • Pocket FM is undergoing a restructuring exercise, leading to around 75 employees losing their jobs, mainly in the tech department. The startup says this move is to ensure long-term sustainability.
  • This is the second round of layoffs within a few months, following the firing of 50 employees in October and 200 US-based writers in July 2024.
  • Founded in 2018, Pocket FM, an audio streaming platform, recently raised $103 Mn to expand globally, with significant revenue growth and reduced losses reported in FY24.

Source: Inc42

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Layoffs
Layoffs9mo
by PeppyJellybeanConsultant

Pocket FM Layoffs

Thousands laid off from India and US teams. The problem is, it came like death. The message of lay off came suddenly.

I want to know if companies want us to serve the notice period before leaving, then why don't they even give notice ...

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user

got ghosted by them after clearing all rounds guess whatever happened was good only

user

Try to consolidate the people who have been laid off and file a case collectively. Try to involve media in n this as ...