India’s largest realty developer Macrotech lays off 400 employees due to debt

Macrotech, considered India’s largest realty developer by sales, has dismissed mid-to-junior level employees and contract workers, including engineers, architects and salespeople, working at its housing projects, said the first person.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/india’s-largest-realty-developer-macrotech-lays-off-400-employees-due-to-debt_12953801.html