Koo Layoffs

About

Koo, an Indian micro-blogging platform and a homegrown rival to Twitter, has laid off 15 employees, representing about 5% of its total workforce. The layoffs, which occurred in late August and early September, primarily affected operations and backend teams in north India. The company stated that these positions were made redundant due to performance issues and to align with current business requirements, describing the move as in line with industry standards. Amid a broader funding crunch in the startup ecosystem, Koo is simultaneously hiring in monetization, product, and engineering teams to prepare for its next growth phase. The company, backed by investors like Tiger Global, operates in the social media and technology industry as a startup.

Source

Related Events

More Consumer Layoffs