Kissflow Sacks Over 12% Of Its Total Workforce
In 2022, the company made headlines by gifting five senior executives BMW 5 Series cars worth about Rs 1 crore each
The low-code SaaS platform Kissflow has laid off 45-50 employees in sales, marketing and product development due to a product shutdown and annual performance reviews.
The affected employees worked in India, the US and the UAE, and the company had over 400 employees before the layoffs.
Kissflow, founded in 2012 by Suresh Sambandam in Chennai, provides a cloud-based business process management and workflow automation platform. Some of its clients include Fortune 500 brands like PepsiCo, McDermott, Motorola Solutions and Danone.
In 2022, the company made headlines by gifting five senior executives BMW 5 Series cars worth about Rs 1 crore each. Several SaaS firms in India have conducted layoffs recently, with Chargebee laying off 10 per cent of its workforce affecting 100 to 120 employees last year.
