Momspresso, Owned by Mamaearth, Announces Layoffs, Impacting 80-100 Employees
Mamaearth, a popular direct-to-consumer brand, has made the decision to lay off employees within its parenting content platform called Momspresso. The layoffs will impact around 80-100 employees. According to The Hindu Business Line, Mamaearth acquired a majority stake in Momspresso for ₹152.3 crore in 2021. Momspresso operates different segments, including a user-generated content platform, brand … Read more