Over 180 employees of gold loan platform Rupeek have been laid off

In the fintech space, the startup funding winter has forced gold loans platform Rupeek to lay off 10-15 percent of its employees.Roupeek, the first fintech to lay off employees amid tough framework conditions, employs over 1,200 people and has laid off over 180. In a statement, the company said, “With deep regret, we have taken the difficult decision to part ways with 10-15 percent of the employees. The subdued macroeconomic environment prompted us to re-calibrate our strategy, re-look at our costs and make our organisation structure leaner in order to support our sustenance and growth.”.” “We thank all employees who have been affected by this transition and will support them throughout the process,” the company said.