SaralnamaNOTICE: Games24X7 to lay off 70% workforce. About 500 employees to lose jobs. Layoffs due to new online gaming law passed. Law bans real-money games, restricts payments and ads. Violators face fines up to ₹2 crore and 5 years jail. Other gaming firms also cutting jobs. Company silent on email request for comment. Foreign gaming sites remain a challenge for authorities. (Updated 11 Sep 2025, 09:12 IST; source: link)
Key Points
- NOTICE: Games24X7 to lay off 70% workforce
- About 500 employees to lose jobs
- Layoffs due to new online gaming law passed