Community and security management startup MyGate laid off 30% of its employees

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Community and security management startup MyGate has reportedly laid off 30% of its employees, becoming the latest startup to fire employees amid the ongoing funding winter.

The Bengaluru-based startup laid off employees in mid-management and junior roles in the last two weeks. According to the report, it laid off a similar number of employees in December 2022. The startup’s employee count has been reduced from 600 before the layoffs to 400. According to the report, some of the laid-off employees were offered a two-month salary as a severance package, while others were not.

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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Community and security management startup MyGate laid off 30% of its employees

Community and security management startup MyGate has reportedly laid off 30% of its employees, becoming the latest startup to fire employees amid the ongoing funding winter.

The Bengaluru-based startup laid off employees in mid-management and junior roles in the last two weeks. According to the report, it laid off a similar number of employees in December 2022. The startup’s employee count has been reduced from 600 before the layoffs to 400. According to the report, some of the laid-off employees were offered a two-month salary as a severance package, while others were not.

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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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