People Digest: Treebo lays off 100-120 employees; Delhivery issues shares under ESOP

People Digest: Treebo lays off 100-120 employees; Delhivery issues shares under ESOP

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Ruptub Solutions, which owns and operates Treebo Hotels, has reportedly laid off around 120 employees. In another development, logistics company Delhivery has allotted shares under ESOP to 18 employees.