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Quikr acquires Hiree.com to expand QuikrJobs

Online classifieds site Quikr has acquired Hiree, an online hiring platform focused on white-collar jobs, for an undisclosed amount, the company said in a blog post today. The acquisition will help the company to strengthen its job vertical QuikrJobs and address recruitment demand for multiple job categories across various industries. The entire customer base of Hiree will now be transferred and merged with QuikrJobs, and will operate out of Quikr’s HQ in Mumbai. Hiree.com targets job seekers on a sabbatical period, those who have already left a job and aren’t on a notice period any longer, and those who can join immediately. It  rebranded from its earlier brand name myNoticePeriod.com in May last year. The company raised Rs 18 crore from IDG Ventures, in February 2015. It also previously raised over Rs 2 crore in seed funding from the same investor and other individual investors in September 2014. By February 2015, myNoticePeriod claimed to have seen over 75,000 job seekers and over 5000 signed up recruiters, including Sony, TaxiForSure, Walmart, Wipro among others. Layoffs at Hiree: In April, Hiree had laid off 80% of its workforce, according to an Inc42 report, taking the total number of employees to just 10-15. Employees were offered a two-month pay as severance and were asked to leave in a meeting conducted by the company, added the report. In February, Hiree had fired close to 11% (10 employees) of its workforce, as per a TechStory report. At that time, the company had a total of 112 employees. The…

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