ShareChat

How it happened

ShareChat is an Indian regional-language social-media platform (parent of short-video app Moj) that hit a ~$5B valuation in 2021. Slowing growth, monetization struggles, and a funding-market reset forced layoffs and a realized down round that cut its valuation by roughly 50-60%, about a 55% decline from peak. Employee reviews from the retrenchment years tracked the squeeze in small details — everyday perks quietly pared back, teams reorganized every few months — and counted repeated layoff rounds, with insiders describing performance-improvement plans that worked as quiet headcount cuts, even as pay stayed above market and salaries landed on time.

Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗. See our methodology.