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Meat retail startup Licious fires 80 employees
short by Ashley Paul / on Friday, 9 February, 2024
Omnichannel meat retail startup Licious has laid off 80 employees, representing 3% of its workforce, to "reprioritise cost outlays, considering new growth levers", a spokesperson told Moneycontrol. Licious said it has over ₹800 crore in cash from previous fundraising rounds. The fired employees are reportedly being offered two months' salaries as compensation along with variable pay for FY24.
read more at Moneycontrol