Popular Android emulator platform BlueStacks laid off 60 Indian employees earlier this week. On Monday (July 18), employees from various departments were informed via video call that their services were no longer required.
According to the sources, the startup cited internal restructuring as the reason for the layoffs. According to the source, the total number of layoffs across multiple countries could be as high as 120 – 150 employees. BlueStacks has offices in London, Tokyo, Seoul, and Beijing, in addition to Delhi. According to sources, the startup is offering a one-month salary as severance pay to laid-off employees, along with medical benefits.
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Popular Android emulator platform BlueStacks laid off 60 Indian employees earlier this week. On Monday (July 18), employees from various departments were informed via video call that their services were no longer required.
According to the sources, the startup cited internal restructuring as the reason for the layoffs. According to the source, the total number of layoffs across multiple countries could be as high as 120 – 150 employees. BlueStacks has offices in London, Tokyo, Seoul, and Beijing, in addition to Delhi. According to sources, the startup is offering a one-month salary as severance pay to laid-off employees, along with medical benefits.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
