Hirect--- a chat-based mobile-first direct hiring platform has become the latest company fire a big chunk of its workforce. If reports are to be believed the firm has sacked 40 per cent employees (around 200 people) in what it called an organisational restructuring. Read detailed report here.
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Why Hirect is sacking employees?
Reports claimed that the company has become a victim of the slowdown in new hiring.
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Strategic Change in Business Model
Hirect is undergoing a strategic change in its business model, said co-founder and chief executive officer Raj Das as he acknowledged the layoffs. “We still have hundreds of employees with us," he said.
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Company Website
Total Strength
The company employs around 472 people, according to its LinkedIn page.
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Speaking to Mint, two people familiar with the matter said that the company had 600 people at its peak
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Employees yet to receive reliving letters
Three employees, who have been affected by the latest job cuts at Hirect, told Mint that while they were asked to quit in mid-October, they are yet to receive relieving letters.
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