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Cars24 lays off 100 employees — May 3, 2023

Cars24, a transportation company based in Indonesia, laid off 100 employees on May 3, 2023. At the time, the company was at the Series G stage. The layoff was reported by this source.

Company
Cars24
Employees laid off
100
Date
May 3, 2023
Industry
Transportation
Country
Indonesia
Company stage
Series G
Total raised (pre-layoff)
$1300M

Source: https://inc42.com/buzz/cars24-shuts-shop-in-indonesia-saudi-arabia-to-focus-on-india-ops/?utm_source=ActiveCampaign&utm_medium=email&utm_content=Profit++Karo++On+Paytm+s+Mind%21+%7C+Two+Bengaluru+Unicorns+Cut+Jobs+%7C+Tim+Cook+s+%E2%9D%A4%EF%B8%8F+For+India&utm_campaign=Morning+Newsletter+-+New+Template+06+May&vgo_ee=vZ%2BZfbikRuPiTdEJPl5%2BEYyCJFrocn5no%2Bm25FjbMJUy9Zuq7w%3D%3D%3AAqF8bsXWMtjx1ZHWtxqmJxDrH43MqNRa

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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 600 May 19, 2022 Transportation India

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See all layoffs from May 2023 or the full startup layoffs tracker.