Open live tracker
HomeStartup LayoffsMay 2022 › Cars24

Cars24 lays off 600 employees — May 19, 2022

Cars24, a transportation company based in India, laid off 600 employees on May 19, 2022. At the time, the company was at the Series G stage. The layoff was reported by this source.

Company
Cars24
Employees laid off
600
Date
May 19, 2022
Industry
Transportation
Country
India
Company stage
Series G
Total raised (pre-layoff)
$1300M

Source: https://entrackr.com/2022/05/softbank-backed-cars24-lays-off-600-employees/

Track all startup layoffs live →

More Cars24 layoffs

CompanyLaid offDateIndustryCountry
Cars24 120 May 27, 2025 Transportation India
Cars24 200 April 26, 2025 Transportation India
Cars24 200 April 26, 2025 Transportation India
Cars24 100 May 3, 2023 Transportation Indonesia

Recent layoffs in India

CompanyLaid offDateIndustryCountry
Acko 60 April 20, 2026 Finance India
NeuroPixel.AI April 3, 2026 Retail India
Covrzy March 31, 2026 Finance India
Flipkart 500 March 6, 2026 Retail India
Livspace 1,000 February 20, 2026 Consumer India

Recent Transportation layoffs

CompanyLaid offDateIndustryCountry
Cars.com April 9, 2026 Transportation United States
Supernal 296 March 4, 2026 Transportation United States
TrueCar 100 February 24, 2026 Transportation United States
Lucid Motors February 20, 2026 Transportation United States
Zipcar 126 February 2, 2026 Transportation United States

See all layoffs from May 2022 or the full startup layoffs tracker.