ZiffyHomes struggles with vendor payments, salaries

Home rental startup ZiffyHomes, backed by YC, has deferred payments of several vendors & are yet to pay for their leased properties amid the covid-19 crisis It has also announced pay cuts, stopped hiring & may layoff in the coming week, according to employees, raising questions about the survival of the startup. Three vendors said the company founders have informed them that ZiffyHomes might file for bankruptcy, which may further disrupt payments that are due, Livemint reported

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