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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

21mo ago
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GoofyCupcake
GoofyCupcake
InMobi21mo

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

ZestyPenguin
ZestyPenguin
Stealth21mo

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

MagicalHamster
MagicalHamster
Stealth21mo

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
Stealth21mo

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
PayTM20mo

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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Layoffs
Layoffs21mo
by SnoozyDumplingProduct Manager

Whoa!!! Meesho also joins the lay-off season

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.