Chingari, an on-chain social app, has laid off 20 per cent of its workforce as part of organisational restructuring. “We deeply regret the need for these workforce reductions of 20% as a part of Chingari’s organisational restructuring. We are appreciative of their contributions and commitment to Chingari,” a company spokesperson said in a statement. Chingari is an on-chain social app, launched in 2018. The short video app gained popularity after the ban of TikTok in 2020.

Source: The Hindu June 20, 2023 18:09 UTC