Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Scam-hit Quikr lays off 2,000 employees

IANS
Updated: December 21st, 2019, 23:04 IST
in Business
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: Bengaluru-based online classifieds marketplace Quikr has discontinued ‘AtHomeDiva’ beauty services and laid off nearly 2,000 people from various verticals, according to a media report.

While the company didn’t confirm the number of retrenched people, it told IANS on Saturday that it recently decided to tweak the operating model, which resulted in some ‘workforce rationalisation’ and ‘discontinuation of AtHomeDiva services’.

Also Read

Pic Credit: XDA developers

Telegram restrictions imposed after less restrictive measures failed: Centre tells Delhi HC

20 hours ago
EPFO

Govt approves 8.25% EPF interest rate for FY26

23 hours ago

“Due to our cross-category model, we get a good view of comparative economics of various categories we operate in. Based on this, we recently decided to tweak the operating model in some of our categories, including a change in related market offerings. These changes have resulted in some workforce rationalisation at our end & discontinuation of AtHomeDiva services,” Quikr said in a statement.

However, according to a report in Inc42 on Friday, the mass layoff that started in November 2018 and ended Friday, are an outcome of a scam in which three employees allegedly forged business transactions to fictitious clients to earn millions in commission. The scam led to a loss of Rs 20 crore for the company, it said.

“Certain anomalies have come to our notice in our paying guest transaction business involving employees and we are working with external parties for legal action against all the parties involved. We may not be able to disclose more information as it may hamper the investigation,” Quikr said in a statement.

Quikr has retrenched employees from cars and bikes, jobs, Quikr Realty and Quikr homes verticals across India, according to the report.

Due to this, the strength of the Bengaluru team got reduced to 1,500 from 2,700, while the Pune team headcount has come down to 32 from the 170. Large layoffs were also seen in Delhi and Mumbai, said the report citing multiple sources.

(IANS)

Tags: lay-offQuikr
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019

Archives

Editorial

Sanitising Mohenjo-daro

June 17, 2026

India is being shown in such a poor light that it does not stand comparison on the question of a...

Read moreDetails

US-Iran MoU

US-Iran
June 16, 2026

Finally, the much-awaited biggest diplomatic breakthrough in the US-Israel war with Iran has been made with the US and Iran...

Read moreDetails

War & Literature

kyiv
June 15, 2026

Kyiv saw a unique phenomenon recently when thousands of readers gathered at a literary festival defying air raids only to...

Read moreDetails

Mapping New India

June 14, 2026

Aakar Patel   A ‘New India’ has come upon us at such a rapid pace that it is important to...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST