Layoffs19mo
by QuirkyPenguinMarketing Manager
Layoffs
on
TwirlyMuffin
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, according to a report.
7mo ago
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SqueakyMuffin
Zomato7mo
I'm not at BlinkIt anymore. It's just the truth anyway. When the tough gets going, it's the baniya businessmen who stand out, not kids swimming in VC cash pools.
DancingUnicorn
Stealth7mo
we have our eyes on you, zepto
SnoozyDumpling
Career Break7mo
This is the cold hard truth
ZippyBoba
Stealth7mo
Next in line are Zepto, and Blinkit
SqueakyMuffin
Zomato7mo
BlinkIt runs on super lean teams. No scope of layoffs.
GroovyBiscuit
Salesforce7mo
You salty boy. š. Zepto has already mentioned if u they dont expand in new cities, they would be profitable in a year. They are losing money to get market share from blinkit. So good luck.
FluffyBoba
Google7mo
Isn't dunzo backed by reliance?
Thought they'd have deeper pockets than pushing this into non-existence
GigglyUnicorn
Flipkart7mo
Reliance is the major reason they are closing. Reliance when funding had a clause for further raising of funds. They vetoed every time when they tried to raise further. So as founders you need to be vigilant enough about clause you add and type of investors you bring in. Basically Reliance sabotaged Dunzo to buy the tech and other assets dirt cheap
SillyBiscuit
Samsung7mo
Reliance has done this to many startups i know of. They have a very bad reputation in this. They invest primarily to observe the ecosystem but eventually kill players
DancingUnicorn
Stealth7mo
Iām more surprised that Dunzo is still running.
I remember ordering from them in 2021 but the order never got delivered to me, had to debate with the CS for a refund. Never ordered again & never heard of them again.
PeppyPenguin
Pine Labs7mo
Dunzo has got a bad case of ambaniosis
GoofyMochi
Corporate Gabbar : Arey O Kalia, Kitne aadmi thei?
Corporate Kalia : 150 huzoor
Corporate Gabbar : Ab Kitne hai?
Corporate Kalia : Sirf 50 huzoor
** Corporate Gabbar hugs Corporate Kalia and promotes him for cutting costs and increasing the runway **
DancingPretzel
Arcesium7mo
Dunzo is finished , and also donāt giving employees money
GigglyUnicorn
Stealth7mo
It would be acquired fully diluted at a dirt cheap price. Dunzo is so much done.
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Layoffs21mo
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
Another layoff coming up at Dunzoš„²
Dunzo laying of 20% or 200 employee (approx) majority in tech and product. Is this end of dunzo?
Top comments
Hope they get their severance packages (I mean salary).
Shame on the founders to keep lying to their employees a week back. They painted the salary issue as minor hiccup and...
75% employees is what I heard on 29th July. Unofficially good byes have started happening.
Indian Startups25mo
by DerpyUnicornPhonePe
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.