Layoffs shake gaming startups; Ecomm logistics’ festive squeeze

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Happy Tuesday! The ban on real-money gaming has left over 2,000 jobless in the industry. This and more in today’s ETtech Morning Dispatch.

Also in the letter:
■ Applied Materials’ ISM bet
■ Pine Labs gets IPO nod
■ Vaishnaw on India’s tech policy


Ban-hit gaming companies fire 2,000 setting off a scramble for jobs

Ban on betting and gambling

India’s real-money gaming (RMG) industry is facing a challenge. Since the government’s blanket ban in August, nearly 2,000 employees have been let go, according to data collated by ET. Many are now hunting for jobs in adjacent…



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Layoffs shake gaming startups; Ecomm logistics’ festive squeeze


Happy Tuesday! The ban on real-money gaming has left over 2,000 jobless in the industry. This and more in today’s ETtech Morning Dispatch.

Also in the letter:
■ Applied Materials’ ISM bet
■ Pine Labs gets IPO nod
■ Vaishnaw on India’s tech policy


Ban-hit gaming companies fire 2,000 setting off a scramble for jobs

Ban on betting and gambling

India’s real-money gaming (RMG) industry is facing a challenge. Since the government’s blanket ban in August, nearly 2,000 employees have been let go, according to data collated by ET. Many are now hunting for jobs in adjacent…



Source link

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.

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