Online marketplace ShopClues fires 50 employees
Gurugram-based online marketplace ShopClues has laid off 45-50 employees across multiple functions, the startup confirmed. Adding that the decision was made taking into account individual performances, ShopClues said it impacted "less than 4% of the total workforce." This comes after ShopClues saw executive departures, including the exit of Senior Director of Category Raunak Raheja.