Meesho will be firing 251 employees this week. I have many batchmates in this org and have heard nothing but good about this company.
Sad to see this economy claiming another victim in the form of Meesho.
There was some call around 9 AM today, some folks are laid off. Didn't know the % yet.
Reason - the team wants to accelerate timeline to profitability To those affected really sorry this community is here for you!
In brief- Very ambiguously choosen. Multiple reasons at play so far it looks - primarily cost, other one is trying to flatten the hierarchy quite implicit, cutting roles of pure people management & no ground impact at all, etc AMA
