SaaS Unicorn Gupshup Fires 500 Employees

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SUMMARY

While Gupshup laid off nearly 200 employees earlier this month, it fired about 300 employees in December 2024

Most of the impacted employees were from the five companies acquired by Gupshup between 2021 and 2022

Without disclosing the number of employees impacted by the layoffs, Gupshup said that the exercise was aimed at improving efficiency and profitability

Conversational AI unicorn Gupshup laid off around 200 employees in a restructuring exercise earlier this month, sources told Inc42. 

This was the second such…



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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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SaaS Unicorn Gupshup Fires 500 Employees


SUMMARY

While Gupshup laid off nearly 200 employees earlier this month, it fired about 300 employees in December 2024

Most of the impacted employees were from the five companies acquired by Gupshup between 2021 and 2022

Without disclosing the number of employees impacted by the layoffs, Gupshup said that the exercise was aimed at improving efficiency and profitability

Conversational AI unicorn Gupshup laid off around 200 employees in a restructuring exercise earlier this month, sources told Inc42. 

This was the second such…



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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