Krutrim cuts more than 100 jobs in second round of layoffs

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Krutrim, the artificial intelligence company launched by Ola founder Bhavish Aggarwal, has laid off a large portion of its linguistics team in less than six months after hiring them as part of strategy to keep leaner teams, people privy to the matter said.

This is the second round of the layoffs, where the company laid off more than 100 employees last week, the people said. In the first round in June, it had cut over a dozen jobs, ET had reported.

“As part of a strategic realignment and our commitment to efficient capital deployment, we are building…



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Krutrim cuts more than 100 jobs in second round of layoffs



Krutrim, the artificial intelligence company launched by Ola founder Bhavish Aggarwal, has laid off a large portion of its linguistics team in less than six months after hiring them as part of strategy to keep leaner teams, people privy to the matter said.

This is the second round of the layoffs, where the company laid off more than 100 employees last week, the people said. In the first round in June, it had cut over a dozen jobs, ET had reported.

“As part of a strategic realignment and our commitment to efficient capital deployment, we are building…



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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