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Thakur Ambuj Singh

Entrepreneur & Creat... • 2m

Tax filing platform Clear, formerly known as ClearTax, said it has laid off about 16% of its workforce amid a “broader strategic organisational restructuring”. 👇 The Peak XV Partners-backed startup didn’t disclose the exact numbers of employees impacted by the restructuring in its statement. As per its employee PF details available on the EPFO website, about 130-140 employees lost their jobs in the retrenchment round. The 14-year old SaaS startup had 855 employees in June 2025. It is pertinent to mention that Clear had been on a hiring drive of sorts over the past year, growing its employee strength by 11% from 771 employees in June 2024. Notably, the startup laid off about 200 employees in a retrenchment exercise in September 2022 as well. “As Clear evolves, certain roles have been impacted by changing business needs, and we are reshaping teams to enhance agility and future readiness,” a Clear spokesperson said in the statement.

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🇮🇳 India stands firm on energy security. A strong and clear statement from the Ministry of External Affairs on India being unfairly targeted over oil imports from Russia. In a complex global energy landscape, nations must act in the best interest