On-line social gaming and leisure firm, Zupee on Thursday stated it’s going to lay off 170 workers, representing 30% of its whole worker energy, following the Centre’s ban on on-line real-money gaming.

That is a part of a strategic enterprise realignment plan to adapt to the brand new Promotion and Regulation of On-line Gaming Act, 2025, the corporate stated in an announcement, as it’s going to now deal with on-line social video games and brief video content material.

“This has been a tricky name for us, however was essential to adapt to the brand new regulatory framework…We’re offering complete help to assist our colleagues step seamlessly and with confidence into their subsequent roles,” Dilsher Singh Malhi, founder and CEO of Zupee, stated.

Zupee can be providing extra monetary help linked to years of service and a Rs 1 crore medical help fund to supply further safety, whereas giving precedence for re-hiring as new roles change into out there.

“Whereas these adjustments are by no means straightforward, we’re assured of the trail forward,” Malhi added. With over 15 crore registered customers, Zupee stated it’s going to proceed to develop its providing of culturally-rooted on-line social video games and different leisure merchandise.

Whereas Dream11 has said that it will not be firing workers, different gamers like Zupee and Games24x7 have needed to resort to layoffs regardless of pivoting to different enterprise fashions to maintain.