In February 2023, digital entertainment company Pocket Aces laid off 50 employees, representing 25% of its 200-person workforce, as part of a shift to a leaner operating model aimed at achieving profitability. The layoffs, affecting content, production, and post-production teams, are intended to reduce costs and streamline operations, with the company planning to outsource certain functions while focusing more on creator-led short-form content. CEO Aditi Shrivastava stated the move would help Pocket Aces reach operating profit in the 2023-24 financial year, with affected employees receiving financial support, health insurance, and outplacement assistance.
