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E-commerce roll up startup UpScalio joins layoffs spree

Shortpedia

Content Team
Image Credit: money control

E-commerce roll-up company UpScalio is firing 40% of its employees, according to two people aware of the development. This will be the first firing in any Thrasio-style startup in India. “Around 60 employees have been asked to leave,” said one of the sources on the condition of anonymity. “The layoff was done in December [itself].”