ConsumerIN

Mobile Premier League Layoffs

August 2023

Mobile Premier League announced a layoff affecting 350 employees (50% of its workforce) in August 2023. The company operates in the Consumer sector.

People Affected

350

Percentage

50%

Announced Date

Aug 8, 2023

About

India's online gaming startup Mobile Premier League (MPL) is cutting its workforce by approximately 50%, eliminating around 350 jobs, as announced in an email to employees on Tuesday. The layoffs are a response to new taxation rules from New Delhi that impose a 28% tax on online real-money games, significantly increasing the company's tax burden. This cost-cutting measure aims to reduce expenses and ensure business viability in the face of the new tax regime.