Archive · 4 Aug 2025
ClearTax Lays Off Freshers Two Months After Hiring
ClearTax, a company that helps with finances, had to let go of about a quarter of its workers.
Many of the people who lost their jobs were new hires, mostly software engineers, who had only been working there for a couple of months.
They were surprised and disappointed.
The laid-off employees shared their stories and resumes on LinkedIn to find new jobs.
The company used to be called ClearTax but changed its name and services a few years ago.
ClearTax, a fintech company, laid off approximately 25% of its workforce.
The layoffs primarily affected recently hired freshers, including software engineers.
Several employees, hired in June, were let go just two months later on August 1.
Impacted employees shared their experiences and resumes on LinkedIn, seeking new opportunities.
The company, previously known as ClearTax, rebranded and expanded its services in 2021.
- Who
- ClearTax and its employees, particularly newly hired freshers.
- What
- ClearTax laid off approximately 25% of its workforce.
- When
- August 1, impacting employees hired in June.
- Where
- At ClearTax.
- Why
- Due to company restructuring and difficult business decisions.
Impacted Employees' Perspective
Company Perspective
Notification
Impacted Employees' Perspective
Employees expressed disappointment and surprise at the sudden layoffs.
Company Perspective
Company did not provide advanced notice.
- Company
- ClearTax (Clear)
- Layoff Percentage
- 25%
- Impacted Employees
- Freshers/Software Engineers
- Hiring Date
- June 2025 (for some)
- Layoff Date
- August 1, 2025
- Affected Role
- Software Engineer