Dream11 Hit by 95% Revenue Loss Amid India’s Money Game Ban— Will Layoffs Follow? CEO Harsh Jain Responds

Dream11 hit by 95% revenue loss amid India’s money game ban— will layoffs follow? CEO Harsh Jain responds

Dream Sports co-founder and CEO of Dream11, Harsh Jain, confirmed that there will be no layoffs despite the company's transition to free-to-play games due to a government ban on money-based gaming. He added that the company has sufficient cash reserves for continued operations.

Dream11 co-founder Harsh Jain rules out layoffs after govt's RMG ban, says 'All the talent here is safe'

'We are interested in building with this talent to dig ourselves out of this hole’ said Harsh Jain, the co-founder of the co-founder of Dream Sports, the parent company of embattled fantasy sports major Dream11.

Dream11 Revenue Crash-CEO Harsh Jain Rules Out Layoffs

Harsh Jain, Dream Sports' co-founder and CEO of Dream11, stated that there won't be any layoffs even though the company has switched to free-to-play games after the government outlawed online gaming that requires payment.Harsh Jain’s Assurance: No Layoffs at Dream SportsAccording to him, Dream Sports has enough cash on hand to last for years and depends on a high internal demand for talent across all of its channels. In an August 25 interview wi…

‘No layoffs at Dream11’: CEO Harsh Jain assures

Mumbai-based Dream11, the real-money gaming company owned by Dream Sports, will not resort to layoffs, as per media reports. This assurance was reportedly given by Harsh Jain, co-founder and CEO of the fantasy gaming giant, even though India has banned real-money games. Jain further revealed that Dream Sports will rely on its cash reserves to ensure that operations continue and staff are retained for the next few years, even while it tests out a…

Dream11 CEO rules out layoffs despite 95% revenue loss

Harsh Jain, co-founder of Dream Sports, has confirmed that there will be no layoffs at the company despite the government's recent ban on real-money games.

Dream11 Will Not Layoff Employees, Will Cut Marketing Costs Instead: CEO Confirms

Harsh Jain, co-founder of Dream Sports, the parent company of Dream11, has reportedly woved to not let his workforce go. He emphasized that talent is the company’s cornerstone, stating, “If we ever have to start laying off talent, that would be the day we should consider shutting down.”