Wednesday, 5 November, 2025
Logistics Unicorn Porter Cuts 300-350 Jobs
Logistics startup Porter has laid off an estimated 300 to 350 employees as part of a restructuring and cost rationalization drive. The cuts, which impacted nearly 18% of the workforce, are aimed at streamlining operations by merging its truck and two-wheeler verticals. The move comes as the Bengaluru-based company, which turned profitable in FY25, prepares for a potential public listing.
Read full story at Economic Times