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In a statement, a spokesperson for Dealshare said the company was realigning its budget and reorganising its teams and locations as part of a focus on the business-to-consumer (B2C) business, without revealing the number of employees impacted.
“Our immediate priorities will be to quickly organise the teams towards execution, complete the non-tech teams’ transition to Gurgaon, prioritise key deliverables and swing into action,” the spokesperson said in the statement. “As a result of this re-organisation, some of our colleagues will be leaving us. The company will do everything in its capacity to support them through this transition, both financially and (by) leveraging networks to provide for a soft landing.”
The job cuts come about a month and a half after Vineet Rao stepped down as the company’s chief executive.
Dealshare operates in about 100 towns, with a third of its business coming from the National Capital Region (NCR), and Rajasthan accounting for another 33%.
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