'Office Was Locked': Pune-Based IT Firm Shuts Down Overnight, Leaves 700 Employees Jobless. CEO Arrested
- More than 700 employees, including fresh graduates and interns, lost their jobs after Pune-based Thynk Technology abruptly shut down operations without prior notice in April 2026, leaving many unable to access the office or receive their salaries with unpaid salaries since January 2026 and bounced cheques.
- The company's CEO, Harshal Thakare, was arrested on charges of criminal breach of trust and cheating, with investigations continuing into other executives who have resigned or are missing.
- Employees allege the company collected Rs 15,000 deposits for laptops which were never provided, with interns and freshers most affected, and some employees claimed recruitment promises were false.
- Police discovered that the firm structured operations across multiple small offices with around 12 project teams to conceal the true scale of the workforce, complicating the investigation.
14 Articles
14 Articles
'Office was locked': Pune-based IT firm shuts down overnight, leaves 700 employees jobless. CEO arrested
Thynk Technology India, which operated from Hinjawadi Phase II, is accused of suddenly ceasing operations and leaving more than 700 employees, including software engineers, fresh graduates and interns, uncertain about their employment status and pending payments.
700 Employees Left Jobless As Pune IT Firm Shuts Overnight, CEO Arrested
Employees allege that the company abruptly stopped operations in April, leaving staff members unable to access the office, collect pending salaries, or obtain clear communication from management.
ThynkTech India CEO arrested, over 700 staff left jobless
New Delhi: More than 700 employees of Pune-based IT company ThynkTech India were left without jobs after the firm allegedly shut operations abruptly, leaving staff locked out of offices and struggling to recover pending salaries and deposits, according to multiple reports. According to them, the police have arrested the company’s CEO, Harshal Thakre, as part of an expanding investigation into alleged financial irregularities and cheating linked…
Sudden closure of Pune IT firm leaves 700+ employees jobless
The abrupt shutdown of Thynk Technology India has left more than 700 employees, interns and fresh graduates without jobs, drawing attention to workplace governance, employee protection and recruitment practices in the startup ecosystem. According to police officials, the company allegedly ceased operations without prior notice, leaving employees unable to access the office premises, collect pending salaries or obtain clarity regarding their empl…
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