Cars24 lays off 200 employees: Read what CEO Vikram Chopra said

Cars24, a prominent pre-owned vehicle e-commerce platform, has recently laid off approximately 200 employees across various departments as part of a strategic restructuring. CEO Vikram Chopra stated this decision aims to align the company's structure with long-term objectives, emphasizing it's not a cost-cutting measure. Affected employees will receive severance packages, career assistance, and emotional wellness resources.

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