Mohalla Tech Private Ltd laid off 500 people, or roughly 20% of its workforce

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Mohalla Tech Private Ltd laid off 500 people, or roughly 20% of its workforce

Mohalla Tech Private Ltd, the parent company of vernacular content platforms Sharechat and Moj, laid off 500 people, or roughly 20% of its workforce.

It was not immediately clear which departments within the content unicorn had been affected by the layoffs. The news follows the closure of Mohalla Tech’s fantasy gaming platform Jeet11 last month, which resulted in the layoff of 100 employees. Mohalla Tech’s latest round of layoffs brings the company’s total number of layoffs to 600. The parent company of Sharechat and Moj will also extend health insurance coverage until June 30, 2023, and will allow impacted employees to keep work assets such as laptops.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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Mohalla Tech Private Ltd, the parent company of vernacular content platforms Sharechat and Moj, laid off 500 people, or roughly 20% of its workforce.

It was not immediately clear which departments within the content unicorn had been affected by the layoffs. The news follows the closure of Mohalla Tech’s fantasy gaming platform Jeet11 last month, which resulted in the layoff of 100 employees. Mohalla Tech’s latest round of layoffs brings the company’s total number of layoffs to 600. The parent company of Sharechat and Moj will also extend health insurance coverage until June 30, 2023, and will allow impacted employees to keep work assets such as laptops.

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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