Fintech · India
Rupeek layoffs
We've tracked 2 rounds of Rupeek layoffs between Jun 2022 and Sep 2022, affecting 250 people in total. None of these cuts were publicly blamed on AI. Headcounts are what was reported at the time, and some may have changed since.
People affected
250
Across tracked announcements
Announcements
2
Jun 2022 → Sep 2022
AI-attributed
0%
Of affected people
Every tracked announcement
- −50
The gold loan startup's second round of the year came as it aimed to turn profitable within 12 to 18 months.
Source: Inc42
- −200
The gold loan startup cut staff across verticals, citing a weak economic environment and a revised strategy.
About the figure: Count is an estimate; 10 to 15% of staff.
Source: The Hindu BusinessLine
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Part of the WorkforceSignal company directory, every event curated from public reporting with conservative AI attribution. See methodology.