Zestmoney layoffs: ZestMoney to lay off 100 employees after PhonePe acquisition falls through
ZestMoney is expected to lay off almost 100 employees of its 450-member team, after the buy-now-pay-later platform’s acquisition talks with digital payments major PhonePe fell through, people in the know said.ZestMoney’s founders and leadership informed employees about the layoff at a town hall meeting on April 6, they said. The impact is expected to be felt across departments.Several of the startup’s employees have already started reaching out to other employers on job platform Linkedin for placement. ETtech“The town…