Simpl Layoffs
Industry Finance · Location Bengaluru · India · Subscribe (RSS)
Simpl has 4 publicly reported layoff rounds on record between April 9, 2023 and October 1, 2025. A total of about 360 employees were affected across these rounds.
Layoff history
Simpl disclosed a workforce reduction affecting its Bengaluru operations in October 1, 2025. Approximately 80 roles were eliminated.
Source: inc42.com
Simpl disclosed a workforce reduction affecting its Bengaluru operations in June 6, 2024. Approximately 30 roles were eliminated.
Source: economictimes.indiatimes.com
Bengaluru-based BNPL startup Simpl laid off more than 100 employees in May 2024, roughly 15% of its workforce of about 650. The cuts spanned multiple departments but hit engineering and product roles particularly hard, given their higher compensation. CEO Nitya Sharma told staff at a company-wide town hall that Simpl would do its best to assist with outplacement. A company spokesperson said the measures were intended to "improve operational efficiencies, reduce fixed and overhead costs" and maintain a razor-sharp focus on profitability. It was the second consecutive year of significant cuts: Simpl had also shed more than 150 positions in April 2023. Some employees learned of the decision when their Slack access was cut before the town hall began.
Reason: Cost-cutting; drive toward profitability
Source: moneycontrol.com
Simpl disclosed a workforce reduction affecting its Bengaluru operations in April 9, 2023. Approximately 150 roles were eliminated.
Source: entrackr.com
Data for Simpl is compiled from public WARN Act filings and reporting linked above. See our methodology.