TransportationIN
Spinny Layoffs
August 2023
Spinny announced a layoff affecting 300 employees (5% of its workforce) in August 2023. The company operates in the Transportation sector.
People Affected
300
Percentage
5%
Announced Date
Aug 2, 2023
Company Information
- Industry
- Transportation
- Country
- IN
- Region
- Gurugram, Non-U.S.
Last Updated: Apr 18, 2026
About
Spinny, a Tiger Global-backed used car marketplace, has laid off approximately 300 employees as part of a business restructuring. This reduction affects about 5% of its workforce, which totals around 6,000 to 6,200 employees. The layoffs, announced in early August 2023, are connected to the company's strategic move to merge its Truebil and Spinny Max operations under the main Spinny brand. This reorganization aims to streamline operations in the competitive automotive e-commerce industry.
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support@layoffs.nlCompany Information
- Industry
- Transportation
- Country
- IN
- Region
- Gurugram, Non-U.S.
Last Updated: Apr 18, 2026