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Inc42 Shots | Curefit Downsizes Even Further Anticipating Year Of Recovery

After laying off 700-1000 employees in May, health and fitness soonicorn Curefit has once again resorted to downsizing in order to survive the Covid-19 crisis. This time, the company has laid off and furloughed over 600 employees across several vertices including Eat.Fit, Cultfit, and Curefit.

In an email to its employees, Curefit cofounder Mukesh Bansal wrote, “We have had a very tumultuous last 4 months, with most teams scrambling almost on a daily basis with frequent changes, shifting priorities, various cost-cutting measures, and continued uncertainty around the pandemic… I think as a team we did the best we can and the agility/hustle that was shown by many teams is absolutely incredible and is the reason that we are now able to operate like a digital-first company.”

To read more, click here.

Author

Harshil Khatter

Inc42 Staff