Used Cars Platform Cars24 Lays Off Nearly 600 Employees In India
NDTV
Cars24, which also has presence in the Middle East, Australia and Southeast Asia, employs around 9,000 people in India.
E-commerce platform for pre-owned vehicles Cars24 has cut nearly 600 jobs in India, which the company on Thursday described as "performance-linked exits".
Cars24, which also has presence in the Middle East, Australia and Southeast Asia, employs around 9,000 people in India.
"This is business-as-usual performance-linked exits that happen every year," the company said when reached out for confirmation.
It did not elaborate on what are the positions mostly affected by the latest job cuts as a result of its annual performance review that happens around April-May.
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