WebJan 31, 2024 · The layoff wave has swept not only startups and mid-sized firms, but also big tech companies such as Amazon, Microsoft, and Google parent Alphabet, among others. 23 Mar, 2024, 05:33 PM IST Layoffs in 2024: a list of Indian startups & … WebJan 18, 2024 · GoMechanic admits to financial reporting errors amid mass layoff. short by Pragya Swastik / 01:45 pm on 18 Jan 2024,Wednesday. GoMechanic Co-founder Amit Bhasin in a LinkedIn post said, "We got carried away...We made errors in judgment as we followed growth at all costs, including in regard to financial reporting, which we deeply …

After layoffs, GoMechanic approaches Cars24, Spinny …

WebJan 20, 2024 · The firm did not maintain inventory records for receipts and issuance of goods directly received by the customers. Auditors of car service platform GoMechanic had raised "red flags" in the company's accounting standards for the investors, a report in Mint said. In 2024, PwC India, the auditor of the company's holding entity Targetone ... WebJan 18, 2024 · The latest Tweet by TechCrunch states, 'Sequoia India-backed GoMechanic cuts 70% jobs after making 'grave errors' ...'. Sequoia India-backed GoMechanic cuts … black wall street market

GoMechanic admits to financial reporting errors amid mass layoff

WebJan 18, 2024 · Car repair startup GoMechanic has announced it is laying off 70 per cent of its workforce as the company struggles to raise funds amid serious concerns of accounting troubles. In a LinkedIn post Wedne … WebJan 18, 2024 · Automobile after-sales service startup GoMechanic co-founder Amit Bhasin on Wednesday admitted to errors in financial reporting, following which a forensic audit … WebFeb 26, 2024 · Cash-strapped GoMechanic, which admitted to errors in financial reporting while laying off 70% of its staff last month, has announced a turnaround in its core … black wall street meat market