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Layoffs
Layoffs
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ZestyPenguin
ZestyPenguin
Stealth

Meesho layoffs

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

19mo ago
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GoofyCupcake
GoofyCupcake
InMobi19mo

How’s the business doing? What’s the runway like?

ZestyPenguin
ZestyPenguin
Stealth19mo

business seems fine as usual, mostly this is cost side measures, topline remains robust/no hit seen there so far

MagicalHamster
MagicalHamster
Stealth19mo

I’ve heard usually positive things about Meesho’s scale and unit economics.
Does this tie in with what you have seen? Is the business robust?

ZestyPenguin
ZestyPenguin
Stealth19mo

I guess mostly this is related to reaching Ebitda + asap since cuts showing max impact on costs, they totally overlooked the performance/impact the employee is having on projects

SwirlyTaco
SwirlyTaco
PayTM19mo

Did you also get impacted? I think the product team was impacted the most primarily because of overhiring done in 2021-22

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