Bounce lays off 200 more employees as demand stays low
Shortpedia
Content Team
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Bengaluru-based bike-sharing platform Bounce has laid off about 40%-60% of its workforce as the demand for shared mobility remains low, 11 months after the initial Covid-19 lockdown and restrictions. This is the second round of layoffs in the past year, as the company could not revive its business even after the lockdown was lifted in most parts of the country.
