IPO-bound The Good Glamm Group lays off 150 employees

Content-to-commerce platform The Good Glamm Group has laid off around 150 employees, or 15% of its workforce, in a restructuring exercise undertaken to turn profitable in FY25. Sources told Inc42 that the exercise was undertaken over a period of about 12 months. The layoffs were a result of the startup completing the integration of all the companies it has acquired.