ShareChat lays off 200 employees to streamline costs – Technology News
In a second round of layoffs this year, Google-backed ShareChat has fired about 15% of its workforce as the vernacular social media platform looks to cut costs to turn profitable in the next year-and-a-half. The layoff likely affected around 200 employees across verticals. The platform has a total headcount of over 1,300. “ShareChat today undertook…