Short-video app Chingari lays off around 60 employees

Short-video-based social media app Chingari has laid off round 60 workers as a part of its restructuring plan, the corporate mentioned on Tuesday. Sources mentioned that the full variety of fired workers constitutes about 25 per cent of the Chingari’s whole workforce however the firm mentioned that it has laid off solely 20 per cent of its workforce.

When contacted, a Chingari spokesperson mentioned, “We deeply regret the need for these workforce reductions of 20 per cent as a part of Chingari’s organisational restructuring. These were one of the toughest decisions for our management and we understand the impact they have on our employees. We are appreciative of their contributions and commitment to Chingari.”

The improvement provides to the woes for folks working in start-ups the place a lot of workers are being ceaselessly laid off.

Recently, edtech main BYJU’s and controversy-ridden Mojocare laid off round 1,000 and 170 workers respectively.

A social media deal with within the identify of Gas Lighter appeared after Chingari laid off workers.

The deal with despatched out tweets about lay-offs at Chingari. It claimed that the corporate has laid off 60 per cent of the full workforce and Slack accounts of a number of workers have being deactivated to push them in the direction of compelled resignation.

The Chingari spokesperson mentioned that the corporate as a part of severance package deal is providing two months’ wage to the impacted workers to help them throughout the transition and three extra months of medical health insurance protection.

“Moreover, we are devoted to supporting our impacted employees by providing all-encompassing support, such as career counselling and job placement assistance. Our priorities continue to be streamlining processes, boosting productivity, and matching resources to our long-term growth goals,” the spokesperson mentioned.

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