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.
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.
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 ✌️
What's the girl's name?
😂😂
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.