pull in sharechat
New Delhi:
Social media platform Sharechat is preparing to lay off 20 percent of its employees. The company has attributed its decision to external economic reasons so that it can maintain its current cost. Maxima Haque ShareChat of Mohalla Tech Pvt Ltd, Bangalore has said that this decision is very painful. The same company says it also laid off 20 employees from Moz.
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A company spokesperson said that in the history of the company, we have had to take very difficult and painful decisions. The company said that these people are involved in the start up company and are very talented people. The company also says that the company needs to invest in its interest and high-impact work.
company claim That the company has taken several measures to generate income and control its account in the last six months. The company says that after a lot of thought, it has been decided to reduce the staff so that we get ready for the future. It is believed that there is a possibility of recession in the market next year due to which the company needs to be cautious.
The company is now getting ready for the coming two years and the company says that it is moving towards doubling the income through its advertisements and also trying to add income from live streaming so that the democratic economic especially from situations.
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