{"id":874802,"date":"2024-11-08T10:53:01","date_gmt":"2024-11-08T05:23:01","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=874802"},"modified":"2024-11-08T10:53:01","modified_gmt":"2024-11-08T05:23:01","slug":"instagram-influencer-sharan-hegde-i-just-laid-off-15-of-my-workforce-and-i","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/08\/instagram-influencer-sharan-hegde-i-just-laid-off-15-of-my-workforce-and-i\/","title":{"rendered":"Instagram influencer Sharan Hegde: I just laid off 15% of my workforce and I &#8230;"},"content":{"rendered":"<p>Instagram influencer Sharan Hegde has announced a 15% reduction in his company&#8217;s workforce as part of a cost-cutting initiative. Hegde, the founder and CEO of 1% Club, a financial education platform, stated that this is the first layoff exercise since the company&#8217;s beginning in 2022. The decision comes as the company shifts its focus towards implementing AI-driven cost savings. This announcement follows an anonymous Reddit post by an alleged employee claiming that around 40 employees were laid off. Hegde&#8217;s statement confirms the layoffs while highlighting the company&#8217;s financial stability and its commitment to utilising AI for greater efficiency. Hegde, who boasts over 2.7 million followers on Instagram, also emphasised that the company&#8217;s expansion, including its Mumbai office, was fully funded by profits. He also clarified that Rs 10 crore in investor funds remains untouched in a fixed deposit account.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Instagram influencer Sharan Hegde has announced a 15% reduction in his company&#8217;s workforce as part of a cost-cutting initiative. Hegde, the founder and CEO of 1% Club, a financial education platform, stated that this is the first layoff exercise since the company&#8217;s beginning in 2022. The decision comes as the company shifts its focus towards implementing AI-driven cost savings. This announcement follows an anonymous Reddit post by an alleged employee claiming that around 40 employees were laid off. Hegde&#8217;s statement confirms the layoffs while highlighting the company&#8217;s financial stability and its commitment to utilising AI for greater efficiency. Hegde, who [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-874802","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/874802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=874802"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/874802\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=874802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=874802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=874802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}