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.
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.