Cars24 cuts nearly 600 jobs in India

Mumbai, 19/5: E-commerce platform for pre-owned vehicles Cars24 has cut nearly 600 jobs in India, which the company on Thursday described as “performance-linked exits”.

 

 

Cars24, which also has presence in the Middle East, Australia and Southeast Asia, employs around 9,000 people in India.

 

“This is business-as-usual performance-linked exits that happen every year,” the company said when reached out for confirmation.

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