Dunzo lays off 75% of the employees, workforce down to 50.
Dunzo, the hyperlocal and quick-commerce startup, has announced a fresh round of layoffs, impacting 150 employees. With a 75 per cent cut in its workforce, Dunzo will have just 50 employees in its core supply and marketplace teams, according to a report.
I'm not at BlinkIt anymore. It's just the truth anyway. When the tough gets going, it's the baniya businessmen who stand out, not kids swimming in VC cash pools.
luvgarg24
Stealth
14 days ago
we have our eyes on you, zepto
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EnragedCorridor
Stealth
14 days ago
Next in line are Zepto, and Blinkit
You salty boy. 😂. Zepto has already mentioned if u they dont expand in new cities, they would be profitable in a year. They are losing money to get market share from blinkit. So good luck.
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Isn't dunzo backed by reliance?
Thought they'd have deeper pockets than pushing this into non-existence
Reliance is the major reason they are closing. Reliance when funding had a clause for further raising of funds. They vetoed every time when they tried to raise further. So as founders you need to be vigilant enough about clause you add and type of investors you bring in. Basically Reliance sabotaged Dunzo to buy the tech and other assets dirt cheap
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Reliance has done this to many startups i know of. They have a very bad reputation in this. They invest primarily to observe the ecosystem but eventually kill players
holy , there startups layoff quick but have high salary , saw SDE at zepto with 43LPA for freshers
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PriceyWarmup
Stealth
14 days ago
Overpaid or what?
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JeffBezos
Student
14 days ago
That’s what she said
luvgarg24
Stealth
14 days ago
I’m more surprised that Dunzo is still running.
I remember ordering from them in 2021 but the order never got delivered to me, had to debate with the CS for a refund. Never ordered again & never heard of them again.
Corporate Gabbar : Arey O Kalia, Kitne aadmi thei?
Corporate Kalia : 150 huzoor
Corporate Gabbar : Ab Kitne hai?
Corporate Kalia : Sirf 50 huzoor
** Corporate Gabbar hugs Corporate Kalia and promotes him for cutting costs and increasing the runway **
FreshRaita
Stealth
14 days ago
It would be acquired fully diluted at a dirt cheap price. Dunzo is so much done.
I mean Dunzo is doomed, if people are still working there despite funding and salary issues, I don’t know what they expect. I know this sounds rude and I normally refrain from saying such things but idk what else to say here
What a fall from grace. Remember getting a call from a snooty HR and the interviewer didn’t even show up and the one that did had his head up his ass! Sad
SoreBuggy60
Stealth
14 days ago
Not sure what is happening in quck commerce space
Nolimit
Stealth
14 days ago
VC money drying up
zen
Stealth
14 days ago
Didn't they hold their salaries for several months before it happened?
ShizZan
Stealth
14 days ago
Where do product managers stand in the layoffs?
Manager to saare rakh liye honge.. Fresh hiring bhee to dikhani hai baad mein...
LokiPen
Stealth
13 days ago
Dunzo is still running?
I was under the impression they have shut operations.
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