CRED Layoff Rumours: Viral Social Media Post Alleges Fintech Giant of 'Silent' 30% Tech Team Cuts; Spark Debate

Unverified allegations have surfaced claiming that Indian fintech startup CRED reduced its tech team by 30% through silent, weekly layoffs. The claims, which appeared on social media, have sparked a heated debate regarding corporate transparency, startup hiring patterns, and the industry-wide push for profitability as firms prepare for potential IPOs in a volatile market.