Fantasy esports startup FanClash lays off 75% of workforce: Report

Sequoia-backed fantasy esports platform FanClash has laid off nearly 100 employees or 75% of its workforce, Inc42 reported. The Gurugram-based startup carried out the layoffs in three rounds and offered two months' salary as a severance package, the report added. The layoffs came within a year after it raised over $40 million in funding.