Another layoff coming up at Dunzo🥲
Dunzo laying of 20% or 200 employee (approx) majority in tech and product. Is this end of dunzo?
Hope they get their severance packages (I mean salary).
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 even take up the leadership roles if they can't step forward to answer.
Kuch bhee masala mila diye yaar tum ne...
Layoff was massive, 30%+ Leadership did an org wide call announcing it first Informed impacted folks on email and 1-1s with Dirs/EMs Leadership did townhall QnA in the evening with everyone
Internal all hands happened. Plus 1 on 1s with non impacted folks too.
I meant the head of departments. From what I know, they are off for a week.
Cowards. Leadership only for chest thumping in good times.
And just got a notification saying dunzo secured $75M through convertible notes and all.
Yeah. Although ofc convertible note is like debt.
So it's not "free VC money" which they can spend willy nilly. It's definitely a sign that they need to get conservative.
Dunzo laying of 20% or 200 employee (approx) majority in tech and product. Is this end of dunzo?
Hope they get their severance packages (I mean salary).
Dunzo gonna do layoffs today in all hands around noon. Most of Managers and senior devs will be impacted including couple of DOEs
Since I am Done-Zo with Dunzo, AMA anything. Here to spill all the scoop that’s happened.
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.