Lay off at Waycool foods and products!! 300 already laid off as of now.

Agritech company, Waycool has again started layoffs majorly from its tech stack called Censa. Censa might see a shut down. Company laid off 300 employees in September, 2023.

- WayCool has initiated another round of layoffs within five months, cutting over 200 jobs to streamline its business operations. - This marks the third layoff exercise within a year, affecting employees across Chennai, Bengaluru, Hyderabad, and its subsidiaries. - The company has raised around $300 Mn in total funding, backed by investors like Lightrock, Lightbox, Lightsmith, 57 Stars, and FMO. - Sources indicate the layoffs are due to financial struggles, including delayed salaries and client payments. - WayCool aims to achieve profitability by simplifying and automating roles, with plans to complete its bridge round funding by August. Source: Inc42

Silent layoffs in udaan across category and support functions

https://www.moneycontrol.com/news/business/startup/info-edge-ventures-backed-1k-kirana-lays-off-40-workforce-to-restructure-business-10359421.html

Almost 90% of the employees (appx 130) have been laid off with the remaining being absorbed by Affinidi India. Both of them are Temasek funded in-house ventures.

Friend works there. He kind of confirmed. Company is still struggling to find profitability. Not much margin in fmcg and food segment, which is their biggest pie of orders.

I was working with Dun and Bradstreet here in Hyderabad. Called yesterday to my workplace, and was told that I was being let go due to some restructuring. In plain terms you are fired. Once again handled really poorly, no advance notice nothing. Was not even prepared for it. Layoffs are inevitable but the least companies can do is to handle it better. They just don't understand that this only gives em negative image or maybe they don't care.

Once again in the name of talent density, there is a 10% layoff from the company and further 10% are going to PIP. And this cycle will repeat in 6 month as stated in their mail.

Dunzo laying of 20% or 200 employee (approx) majority in tech and product. Is this end of dunzo?