New Delhi, Aug. 26 -- Dream Sports co-founder Harsh Jain confirmed there will be no layoffs despite Dream11's shift to free-to-play games following the government ban on money-based online gaming. The company relies on strong internal demand for talent across various platforms and sufficient cash reserves to sustain operations for years.

"We're not interested in doing any layoffs. All the talent here is safe," Jain said in an interview with Moneycontrol on August 25.

"We are interested in building with this talent to dig ourselves out of this hole. The only way to deal with 95 per cent of your revenue being gone is to build new products that you can monetise in the future. That will always start with talent," he added.

Dream11 suspende...