FilterCopy owner Pocket Aces fires 25% of its workforce

Digital entertainment company Pocket Aces has laid off 50 employees, or 25% of its full-time workforce, to save costs and become profitable in the coming year. Calling it a "tough decision", Pocket Aces CEO Aditi Shrivastava said, "We must continue to innovate our operating models." The Mumbai-based company operates channels such as Gobble, Dice Media, Nutshell, and FilterCopy.