<ul><li>Finance influencer Sharan Hegde's 1% Club has laid off 15% of its workforce to boost profitability.</li><li>The layoffs were part of the startup's first major cost-cutting exercise since its inception.</li><li>1% Club is generating approximately $8 million in annualized revenue with a strong EBITDA margin.</li><li>The startup has offered a healthy severance package to affected employees and will support them in finding new job opportunities.</li></ul>

Sharan Hegde lays off 15% of employees from 1% Club; Here's what he said

Discover more