Dunzo laying of 20% or 200 employee (approx) majority in tech and product. Is this end of dunzo?
75% employees is what I heard on 29th July. Unofficially good byes have started happening.
75% off upto 200? 😆
Ji alootamatar Ji 🥲
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.
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.
are folks in the office or remote?
I am getting a call for Head of design role at dunzo, looking at the post it looks like dead end.
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
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
Dunzo gonna do layoffs today in all hands around noon. Most of Managers and senior devs will be impacted including couple of DOEs
Layoffs are happening at Sharechat starting today. Each division is being asked to join a call and they are being announced. First call with product org - around 50 folks were impacted
They moved to a new massive swanky Office 3 months ago. Team parities were happening even last week. And they do this...
