Do we know which department most of this firing happened within?

Product Manager

Product Marketing Manager

After 2nd round firing this is next one right? 

Finally total of 60% employees

Though procurement gives good numbers to talk as revenue, but at the end of the day procurement is always a cost. Instead one should focus on adding value to this cost centrex and earn out of it.

Equity Research

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.

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Udaan almost fired 60% staff

Udaan almost fired 60% staff- Grapevine

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Udaan raises $340Mn! How did they manage this? Anybody knows the exact specifics?

The picture isn't as rosy as this headline makes it seem. Basis what I hear, 50-60% drop in valuation. Their last valuation was ~$3Bn so now more like in the $1-1.5Bn range.

Investment Associate

Corporate Strategist

While 340 million funding seems big, it is nothing in terms of Udaan's annual losses and can give them a runway for year and a half. 

Guys any tips for people working in Udaan

Udaan have one year to do or die

Growth Manager

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Udaan fired more than 150 employees after raising $340 million dollar

Rebel foods Pvt Ltd (formerly faasos), which became unicorn has done layoffs in tech and product. ( We have no idea about kitchen staff layoffs) 
The number of people let go forms a considerable % of the total strength

Beware of joining such startups! They will surely name this as "performance" based removal, but what do you have to say for firing freshers you hired not even 6 months ago?

Rebel Foods Pvt Ltd, (formerly Faasos) has done layoffs

Software Engineer

Silent layoffs in udaan across category and support functions

Udaan has started 3rd round of layoffs.

Business Development Manager

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Is this really justified in the name of restructuring the company after funding?

Thoughts on Udaan laying off ~150 folks after raising $340 million in capital

Software Test - QA

What is the condition of udaan ??? What does this  news actually mean for real?

Software Developer

Does anybody have any idea about Udaan's current numbers ? I have an offer from them who want to check if they are stable

Uddan numbers

Business Analyst

My friend was supposed to join MPL but his offer got rescinded. I also heard they’ll start laying off soon. 
Can anyone shed some light on this? 

Because I was planning on taking a role there as soon as my friend joined in.

Heard they have awesome work life balance + free food + frequent parties etc etc.

Layoff at MPL?

Project Manager

Zombie startups - Startups that have messed it up already. They are alive but just biting their time. Doom is inevitable for these startups in a few months

I will name a few

Sharechat
Khatabook
Apna
Zepto
Dealshare
Frontrow
Udaan

Please name more. It will help our brothers and sisters to avoid these startups as employers

What are zombie startups in India right now?

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Navi Technology founded by Sachin Bansal is doing mass layoffs which started on Tuesday (11 July)

Mass Layoffs at Navi Technology

Damn no wonder they are firing 
 I know some average freshers who joined at 21 base last year  
 Overpaying for average talent always results in firing in startups,is what I have observed

Data Scientist

One of my friend works there. Told tech is going to be majorly affected. It will happen this week

Another round layoffs from dukaan.

Their CEO is pretty mouthful on twitter shows that the leadership works with zero empathy.

I am currently working at a startup for 1.5 years now and wants to switch. If swiggy has an opening , is it a good place to work at ? Also how’s the pay there ? But good work culture is more important for me.

How is work culture at swiggy ? And how is the learning opportunities for a software developer ?

I saw on Twitter Dukaan fired 90% of its staff. What’s up with that? Any news?

What’s up with Dukaan?

Founder

50% layoff at a Bangalore  based health tech startup. Founder had no shame or guilt. Has raised funding recently but chose to fire people again. This is the third layoff in the last 1.5 years. Terrible management, declined variable pay. Severance is to paid in the next 4 months. Just trying to pivot the company into ‘AI’ without any plan whatsoever.

Massive Layoffs at HealthTech Startup

HealthifyMe is the Startup. They are having other PR articles to cover this shit now

15% or close to 200 folks being fired. Reason- revenue per employee to be increased. Revenue not going up so firing employees. Mainly lower level.

Firing at Moglix

One more layoff !

Looks like planned announcement with Swiggy 🤔

Account Executive

Waycool is undergoing organisational restructuring, following the footsteps of UDAAN, don’t see any turning point due to the lay offs. One of the worst planned companies I’ve worked for in my 8 YOE.

Udaan almost fired 60% staff

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