Job cuts at Simpl amid restructuring, eye on profitability

Just two days short of a month after Bengaluru-based Simpl sacked around 100 employees, the fintech startup has undergone second round of layoffs, impacting around 30 employees, Inc42 has learned from sources. In April 2023, Simpl laid off around 120-150 employees to become a “leaner and agile” organisation in the backdrop of the economic slowdown.