Classifieds portal Quikr has fired more than 150 employees from CommonFloor, according to a report by Inc42. The report, which cited sources, said that Quikr laid off a 15 member design team, along with 5-10 employees in the engineering team, 5 employees in the product team and 20-30 employees in the services team. MediaNama has reached out to Quikr and CommonFloor about the development and will update this if we hear from them. However, the companies sent a statement to several media outlets which said the following: “Bangalore will now serve as the main hub for all business functions of both Quikr and CommonFloor. As part of the overall integration exercise, we have been analysing all our assets and believe it is best to consolidate our physical as well as people assets based on our business needs. Together, we are…
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