The layoff problem of Freshworks and 1% Club

The two startups are seemingly doing well, leaving affected employees wondering about the real reason for the job cuts.

08 November, 20249 min
0
Banner image

We rarely make our stories free to read. This one is, so make the most of it.

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

Sign up for free

No payment details required

$99 for one year

Subscribe to unlock all stories
Already have an account? Sign In

You may also like

Internet
Story image

The quick rise and even quicker fall of India’s smartwatch industry

At a time when startups selling chips or pet food have raised millions of dollars in funding, investors have shunned wearable tech companies. The fate of the sector hangs in the balance.

Internet
Story image

Google, Perplexity, Meta, Amazon… how the West won India

Thanks to millions of Indians with cheap data connections and little to do, Big Tech continues to make giant strides in the country. The narrative of an atmanirbhar Bharat in technology is now dead in the water.

Internet
Story image

Wakefit built a Rs 1,000-crore mattress brand. Now it wants to do a full-stack

A pioneer in the online D2C mattress market, the startup is eyeing the public markets on the strength of its expanded home and furnishings presence. Will its next decade be as good as the one behind it?