The job cuts account to nearly 25% of the company's current workforce
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The company aims to hire the personnel within the next 3 to 5 years which represents an expansion of their current existing workforce of 1,300 in India
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The company is grappling with the necessity for cost containment, having banned new hiring for the last year
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Surplus teachers in districts will be transferred to cover openings in other districts of Tamil Nadu
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The proptech company let go of the employees over a two-minute Google Meet call
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The company will boost its personnel in its production facilities in Tamil Nadu to accommodate rising demand for both its present product line and emerging innovations
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The company announced a 15% workforce reduction as part of a strategic initiative to implement a new organisational structure and operational model
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Proficiency in construction skills such as masonry, carpentry, plumbing, electrical works, and welding; prior experience in construction projects, especially those with specialised skills, is highly valued
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