Truecaller slashes 70 jobs amid declining ad sales

techcrunch.com May 8, 2026

Truecaller slashes 70 jobs amid declining ad sales

Curated by Shubham · TechCapsules · May 8, 2026

AI-summarised brief · reviewed before publication

Truecaller is cutting 70 jobs, 15% of its workforce, due to declining ad sales and revenue. The company's Q1 2026 results showed a 27% drop in net sales to 362 million SEK, with ad revenues declining 44%. Truecaller blamed real-money gaming in India, changes in advertising partner algorithms, and Middle East conflict for the decline. The company's net sales in India dipped 41% year-on-year, with subscription revenue increasing 27%.

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Microsoft still can’t make Windows 11’s New Outlook work offline because it…

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