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Indian startup Bounce tightens belt further by cutting 130 staff

Scooter rental company had already slashed pay to fight COVID effects

Bengaluru-based startup Bounce cuts staff as it tries to find footing amid coronavirus pandemic.    © Reuters

BENGALURU -- Scooter and bicycle rental startup Bounce is laying off 20% of its staff, or 130 employees, in a second round of belt-tightening as the effects of the coronavirus pandemic continue to ripple through the industry. 

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