Meat delivery startup Licious lays off 80 employees; Here's why

Meat delivery startup Licious has laid off 80 employees. The move is part of what company describes as an "operational reset" aimed at sharpening its focus on growth. The layoffs comes at a time when Licious is experiencing stagnant revenue growth, with the company FY23 with a revenue of Rs 700 crore, lower than projected Rs 1,500 crore.