UpGrad Harappa Education is an Online Learning Institution. The company decided to lay off 60 employees from its overall headcount.
The layoff saga that shook the Indian start-up sector last year continues in 2023 as New-Delhi based upGrad-backed Harappa has terminated 30 percent of its 200-strong workforce. Nearly 60 employees have lost their jobs, Business Today (BT) reported.
As per reports, the company did not provide any official reasons behind the layoffs. The layoffs mostly took place in the content division.
A person aware of the development told BT that the team leaders were shared names of the people who were to let do and were asked to convey this disheartening news to their colleagues. He also added that this was the first phase, and the company was likely to add more names to the roster of people to be handed pink slips in the coming time.