SparklyWalrus
SparklyWalrus

Another layoff coming up at Dunzo🥲

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

18mo ago
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SleepyBanana
SleepyBanana

75% employees is what I heard on 29th July. Unofficially good byes have started happening.

GoofyDonut
GoofyDonut

75% off upto 200? 😆

SleepyBanana
SleepyBanana

Ji alootamatar Ji 🥲

SquishyPanda
SquishyPanda

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.

PrancingSushi
PrancingSushi

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.

PrancingPancake
PrancingPancake

are folks in the office or remote?

PerkyMarshmallow
PerkyMarshmallow

Hope they get their severance packages (I mean salary).

DerpyMarshmallow
DerpyMarshmallow

Oh. burn 💀

WobblyMuffin
WobblyMuffin

I am getting a call for Head of design role at dunzo, looking at the post it looks like dead end.

PerkyMarshmallow
PerkyMarshmallow

Offer lele, use it to offer stack elsewhere

WobblyMuffin
WobblyMuffin

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

FluffyNugget
FluffyNugget
Swiggy18mo

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

PrancingSushi
PrancingSushi

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

GigglyNarwhal
GigglyNarwhal

Should we call startups "get rich quick for IIT Bombay CSE" rather? Doesn't seem like they actually create any value and the employees are the ones that get fucked.

PrancingPancake
PrancingPancake

more like bits pilani cse

JazzyBagel
JazzyBagel
  • 1
WigglyDonut
WigglyDonut

Heard from a friend: Dunzo has unpaid Google dues of over 50+cr 🤧

PrancingPancake
PrancingPancake

loan money or services cost (gcp, maps etc)?

FluffyDumpling
FluffyDumpling

Services and marketing cost, huge amount due for Facebook as well which is not paid as of now by Dunzo

FuzzyBanana
FuzzyBanana

Yes it shd be the end ... Reliance will not out any more money on such businesses... It's very clear ... They have scaled down b2b and b2c as these were cash guzzlers ...so end of road I guess

JazzyDonut
JazzyDonut

Dunzo is a shit company. Has always been. The never ending greed/ lack of options has kept away employees from leaving. Otherwise who would want to work in a company where the fundamentals are distorted and there is no business model. The founder is a joke. Look at his press interviews, where he is discussing burn rates. Good that it is going down

GoofyNarwhal
GoofyNarwhal

Can somebody please help on what was the original count before the layoffs and how many people were laid off round-wise?
Thanks

DizzyPancake
DizzyPancake
PayU18mo

around 2000. More on this AMA - https://share.gvine.app/oHcCmeZb3SLmTYtV7

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Layoffs
by TwirlyMuffinMarketing Manager

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, accor...

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Top comments
user

I'm not at BlinkIt anymore. It's just the truth anyway. When the tough gets going, it's the baniya businessmen who st...

user

Next in line are Zepto, and Blinkit

user

Isn't dunzo backed by reliance? Thought they'd have deeper pockets than pushing this into non-existence

Layoffs
by MagicalLlamaSenior Program Manager

Dunzo layoffs today

Dunzo gonna do layoffs today in all hands around noon. Most of Managers and senior devs will be impacted including couple of DOEs

Top comments
user

good luck!

user

Ok thanks fr the update

user

Wow

Layoffs
by DerpyUnicornPhonePe

Dunzo massive layoff

dunzo laid off ~20-25% of it's workforce today, calling it that they overhired, pretty pre-planned. And coincidentally some dept. heads are on leave for the next few days, unavailable to answer their team. I wonder why these people eve...