5 Key Takeaways
- ClearTax laid off 25% of its workforce in August 2025 as part of a major restructuring.
- Freshers hired in June 2025 were among the hardest hit, being let go just two months after joining.
- Many affected employees expressed shock and disappointment, feeling they didn't get a fair chance to prove themselves.
- Impacted freshers are actively seeking new opportunities, sharing their skills and resumes on LinkedIn.
- ClearTax, originally a tax-filing platform, had recently rebranded as 'Clear' and expanded into broader financial services.
ClearTax Lays Off 25% of Staff: Freshers Let Go Just Two Months After Joining
In a shocking move, Indian fintech company ClearTax (now known as “Clear”) has laid off about 25% of its employees, with many freshers—new graduates who had just joined in June—being let go without any warning. The layoffs happened on August 1, just two months after these young professionals started their first jobs.
What Happened?
ClearTax, which started as a tax-filing platform and later expanded into other financial services, recently went through a major restructuring. As part of this, they decided to cut a quarter of their workforce. Unfortunately, the freshers who had just joined the company after graduating from top institutes like IITs were among the hardest hit.
Many of these affected employees took to LinkedIn to share their stories and look for new opportunities. For most, this was their first job out of college, and the sudden layoff came as a huge shock.
Stories from the Laid-Off Freshers
Anoop Singh, a 2025 graduate from IIT Guwahati, shared that he never expected to be laid off so soon. He said it felt “profoundly unfair” because he didn’t even get a real chance to prove himself. Anoop, like many others, is now looking for support and new job connections, treating this setback as a detour rather than a dead end.
Harshit Swarnkar, another software engineer who joined in June, said he was “disheartened” by the company’s decision but is determined to keep learning and growing. He emphasized that this setback doesn’t define him and is using it as motivation to move forward.
Rahul Kumar, Dhruv Mangroliya, Raman Pal, and Soojal Singh—all recent hires from top engineering colleges—shared similar experiences. They were excited to start their careers, only to be told two months later that their roles were being eliminated. Despite the disappointment, most are staying positive and actively searching for new roles in software development.
What’s Next for These Freshers?
All the freshers affected by the layoffs are now updating their resumes, sharing their skills on LinkedIn, and reaching out to their networks for new opportunities. While this sudden job loss is tough, many are choosing to see it as a learning experience and a chance to find a better fit elsewhere.
This incident is a reminder of how unpredictable the tech industry can be, especially for those just starting out. For now, these young professionals are hoping for a fresh start and a chance to prove themselves in new roles.
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