Cogito Layoffs

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In late April 2023, automation and data startup Cogito laid off 177 employees in India, representing a significant portion of its local workforce, which totals over 1,500. The layoffs, which constituted over 10% of its Indian staff, were triggered when a major client abruptly decided to scale down its operations, leaving the employees' project scrapped. The sudden terminations, which included 85 probationary staff, sparked protests at the company's Noida office, with affected employees alleging a lack of prior notice and unpaid salaries. However, Cogito's management refuted these claims, stating that full April salaries were paid and that the employees were satisfied with the company's handling of the situation. This event occurred against the backdrop of a challenging funding environment for Indian startups, forcing many to reduce costs to extend their financial runway.

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