Another layoff coming up at Dunzo🥲
Dunzo laying of 20% or 200 employee (approx) majority in tech and product. Is this end of dunzo?
Kendall Gabriel
Stealth
a year ago
75% employees is what I heard on 29th July. Unofficially good byes have started happening.
Karilyn Hyrum
Stealth
a year ago
Ji alootamatar Ji 🥲
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Shame on the founders to keep lying to their employees a week back. They painted the salary issue as minor hiccup and that they have met their goals. What frauds.
Anyways the company was always supposed to go down this route as they had no business sense - burning money for everything from onboarding delivery partners to delivery fees to store costs. Lack of fiscal discipline all around. Such companies shouldn’t survive - unfortunately that would happen but the founders would have made their banks already on secondaries done till now.
Aaron Carmden
Stealth
a year ago
Yes, this is the worst part, the employees will be the ones to pay, these founders will get away scot free with loads of $.
Sad to see employees are not even protesting this absurd situation, still working 24x7 like nothing happened.
Dezi Taye
Stealth
a year ago
are folks in the office or remote?
Jordon Carmden
Stealth
a year ago
Hope they get their severance packages (I mean salary).
Aaron Carmden
Stealth
a year ago
Oh. burn 💀
Jordon Olive
Stealth
a year ago
I am getting a call for Head of design role at dunzo, looking at the post it looks like dead end.
Jordon Lee
Stealth
a year ago
Offer lele, use it to offer stack elsewhere
Jordon Carmden
Stealth
a year ago
Holding big role at big name rarely happens as market will call it a bluff and once the news spread they will play lowball games
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Pretty crazy knowing dunzo was doing decently well as the third player but Zepto came in and took their market share and left them behind
Kalan Carmden
Stealth
a year ago
One random business idea after another, made devs work like work horses without a break, no thinking used to analyze anything
Tbh in hindsight I think these business/product folks just wanted to get promoted with any random idea
Reminded me of this tweet https://twitter.com/nikitabier/status/1680336066325393408?s=46&t=2T8_1xoKrn35udMa53GV8Q
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by Jordon Gabriel
Stealth
Dunzo giving up office space to save cash
The move to vacate its headquarters on Wind Tunnel road in Bengaluru comes at a time when Dunzo has been struggling to manage its cash flow ...
https://www.moneycontrol.com/news/business/cash-strapped-dunzo-to-give-up-office-space-in-bengaluru-to-cut-costs-11377561.html