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Games24x7 has started reducing its headcount — the second such exercise by the company in recent months
This is the third RMG startup to resort to layoffs in the wake of the RMG ban, following Mobile Premier League (MPL / M-League) and Nazara-backed PokerBaazi
Earlier in May, the startup had laid off close to 180 employees after seeing a big revenue impact from the GST clarification which came in late 2023
Adding to the industry-wide retrenchment in the crumbling…
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Games24x7 has started reducing its headcount — the second such exercise by the company in recent months
This is the third RMG startup to resort to layoffs in the wake of the RMG ban, following Mobile Premier League (MPL / M-League) and Nazara-backed PokerBaazi
Earlier in May, the startup had laid off close to 180 employees after seeing a big revenue impact from the GST clarification which came in late 2023
Adding to the industry-wide retrenchment in the crumbling…
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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