Bengaluru: On-demand logistics platform Porter has announced job cuts as part of its efforts to reduce costs and strengthen its operations.

The company did not share the exact number of employees affected, but according to reports, around 300 to 350 workers have been laid off.

In a statement, Porter said it is going through a transition aimed at building a stronger, more agile, and financially stable organisation.

The company described the layoffs as a “one-time restructuring” decision made after careful consideration.

"We're in the midst of a transition that required a one-time restructuring, aimed at building a stronger, more agile, and financially resilient organisation for the road ahead," Porter said.

"As part of this journey, we've had to make some difficult decisions that affe

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