Blissclub Layoffs!
Just got to know from a friend that Blissclub also did layoffs last week.
Anyone knows how many got impacted and which teams?
And why nothing in the news?!!
Not surprised, even sheroes is looking for a sale last I heard. Women centric platforms not working out for some reason.
- Wrong TG
- High price point
- Highly ompetitive Lanscape
Sometimes I wonder whether they have thoroughly researched the market. They are spending money on Instagram ads to more price sensitive TG. Also, if people had to pay 2.5k for yoga pants, they would rather go for lulu & sky or some brand that celebs endorse. They are multiple threads on reddit discussing the same.
Lululemon*
I got BlissClub QC rejected gym pants at just 500 rs from Jayanagar, Bangalore.
Damn they are nice!
But paying 2000 for them , naaah
Like husband like wife
Is Blissclub even relevant to be in news?? Iirc it's a pretty small startup. If it was in sales dept, like offline store management then there's a very very low chance it will ever enter the news
Any news on Goodworker
Heard that massive layoffs are happening and they are exiting the market altogether?
Any intel on it
Layoffs at pinelabs
One of my batchmates got laid off . Wasn’t expecting this. I thought they were doing well
Dunzo not in a great position
First, they had a layoff. Some people in the leadership quit. Middle management people are quitting. They shut down majority of the dark stores. They are pivoting their business. They are out of runway.