Real-money gambling giant Gameskraft has made a big move by starting layoffs that will affect several teams, including marketing, customer service, and operations.
The corporation stated that the slowdown in user acquisition, increased regulatory supervision, and compliance expenses were the main causes of the restructure.
This action is a reflection of the larger difficulties that India’s real-money gaming (RMG) and online gaming industries are facing, particularly in light of the country’s stricter GST laws and investor caution.
Gameskraft stressed that it is still dedicated to sustainable growth and product innovation in spite of the layoffs.