Simpl laying off 100 employees across all division

Indian Fintech company Simpl is giving pinkslip to 0.15 employees across all division due to financial crunch and may undergo reorganization. Simpl laying off around 0.15% of their work force with various job titles across all department in India with business restructuring to get its business back on track.

Simpl found in 2015 has speciality in Technology, Financial Technology, Payment Network, and Consumer Services running by current CEO Nityanand Sharma. A checkout platform allows customers to have a seamless and secure shopping experience. Shoppers can pay for their purchases after they have received them and provides a variety of payment options, including interest-free installments.

There was no official communication to us from Simpl but you can always refer Simpl internal gossips and layoff news on our Simpl discussion board.

As per company spokeperson to media, Founder and CEO Nityanand Sharma had a brief all-hands townhall with employees today at 9 am. It seemed he was reading out of a prepared script. He said we are sorry to let go people and will do our best to help with stuff like outplacement..

Simpl Layoff Details in Brief

0.15 Simpl employees were laid off over the phone call/email without putting them into PIP (performance improvement plan), as per various media houses. This layoffs at Simpl surely have a deep impact on the affected employees across all division. The main concerns about job security and employability, Simpl employee may find themselves struggling with uncertainty and anxiety. However, it is important to note that layoffs are often a reflection of broader market forces rather than individual performance and we layoffnewz team wishes that all laid off employee will get alternative jobs soon.

You can connect with Simpl Official website for more details about this layoff.

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