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Snapdeal to fire 600 employees; Founders take 100% pay cut
short by Pragya Swastik / on Wednesday, 22 February, 2017
Homegrown e-commerce major Snapdeal on Wednesday said it is laying off up to 600 employees in the next few days across levels. The layoffs will affect employees at Snapdeal's e-commerce unit, logistics subsidiary Vulcan Express and Snapdeal-owned recharge platform FreeCharge. Furthermore, Snapdeal founders Kunal Bahl and Rohit Bansal have pledged not to take any salary for an unspecified period.
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