DerpyUnicorn
DerpyUnicorn

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 even take up the leadership roles if they can't step forward to answer.

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ZestyBoba
ZestyBoba

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

TwirlyHamster
TwirlyHamster

Internal all hands happened. Plus 1 on 1s with non impacted folks too.

DerpyUnicorn
DerpyUnicorn

I meant the head of departments. From what I know, they are off for a week.

GroovyBoba
GroovyBoba

Dunzo was doomed from the start

ZestyBoba
ZestyBoba

One more armchair pundit 🖕

PrancingBiscuit
PrancingBiscuit

Hindsight is 20/20

SleepyNugget
SleepyNugget
Amazon24mo

They’re one of the companies I really admire. They hire too level staff as well. Good luck to folks at Dunzo who got laid off. Super skilled folks. Specially the design team ✌️

SquishyTaco
SquishyTaco

What's the girl's name?

ZoomyMuffin
ZoomyMuffin
Amazon24mo

😂😂

FloatingBagel
FloatingBagel

Cowards. Leadership only for chest thumping in good times.

SwirlyWaffle
SwirlyWaffle
PWC24mo

And just got a notification saying dunzo secured $75M through convertible notes and all.

JumpyNarwhal
JumpyNarwhal

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.

BubblyWalrus
BubblyWalrus

These dunzo founders, especially kabeer is arrogant af. Hires for less, then in 6 months fires the highly paid employees. Worst culture ever.

The founders would have bought a couple of more properties around indiranagar this week too. Layoffs won't affect the buying process

JumpyBurrito
JumpyBurrito

i think COVID over hiring is one of those reason

JumpyBurrito
JumpyBurrito

sure ..obvious recognising general

QuirkyBoba
QuirkyBoba
Porter24mo

That’s huge

SquishyDonut
SquishyDonut

Dunzo stopped service in posh IT areas of Hyderabad (i.e. with good customer base) for the last 1 week. Something is wrong in general

SnoozyJellybean
SnoozyJellybean

They were hiring until a month ago.

FuzzyDumpling
FuzzyDumpling

Recycling...good for the environment

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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

Layoffs
by SparklyWalrusSpinny

Another layoff coming up at Dunzo🥲

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

Top comments
user

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

user

Shame on the founders to keep lying to their employees a week back. They painted the salary issue as minor hiccup and...

user

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

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...

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