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 business. The car service startup said it serviced 30,000 vehicles in January, which is 70% of the peak sales it achieved in July 2024. Over 800 workshops were active as of January, … WebGoMechanic Sacks 70% Staff, Investor Sequoia Launches Forensic Audit. GoMechanic directed the remaining employees to work without pay for the next 3 months. Employees across departments ...
GoMechanic layoffs in 2024
WebJan 18, 2024 · Co-founder Amit Bhasin said GoMechanic has decided to 'restructure the business while we look for capital solutions'. Car repair startup GoMechanic has announced it is laying off 70 per cent of its … WebFeb 21, 2024 · GoMechanic is the latest Sequoia-backed startup to come under scrutiny for such discrepancies, with cofounder Amit Bhasin admitting to revenue fraud and announcing layoffs impacting 70% of the workforce. GoMechanic is an India-based technology-enabled automobile service and repair company. ogemaw heights basketball scores
Private Investors Suffer as GoMechanic Breaks Down
Web1 day ago · In January, Google announced that it was cutting 12,000 jobs. Sundar Pichai, the CEO of Google, has hinted that there may be a second round of layoffs after the … Web16 hours ago · Meta contractor Flagship Facility Services Inc. plans to lay off staff at eight company buildings, including several workers that support Bay Area operations without a … WebJan 18, 2024 · GoMechanic will hire a third-party firm to audit its business. Car servicing startup GoMechanic will fire around 70% of its workforce as the company looks to … ogemaw habitat for humanity restore