Business
Cars24 Lay-Offs: Used Car Ecommerce Platform Lays Off 600 Employees To Cut Cost, Says Report
Earlier Vedantu, Unacademy and Meesho had laid off employees to cut costs.
Cars24, the used car E-commerce unicorn has laid off around 600 employees in the past couple of weeks. The company has mostly laid off employees from lower positions. With this layoffs, Cars24 has let go 9,000 staffs which is 6.6% of its total employee count.
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(The above story first appeared on LatestLY on May 19, 2022 01:17 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
