SqueakyWaffle
SqueakyWaffle

Udaan has started 3rd round of layoffs.

Silent layoffs in udaan across category and support functions

19mo ago
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JumpyWalrus
JumpyWalrus

How many are left after so many previous rounds of firing? Did they hire just to fire?

SqueakyWaffle
SqueakyWaffle
Udaan19mo

Hiring is freezed since last Diwali. Problem is apart from credit ( where fundamental is sorted and only scaling up is required ) other divisions are NOT making money

JumpyWalrus
JumpyWalrus

Ofcourse it's designed to be like that no? Credit and supply chain make money, category teams bring in the customers for them. But the problem is elsewhere ;)

Hope you are safe

SnoozyPanda
SnoozyPanda

Je baat

PerkyPotato
PerkyPotato

What functions? Was there a PIP rolled out ?

ZestyBoba
ZestyBoba
CARS2419mo

Udaan ki crash landing ho rhi

PeppyUnicorn
PeppyUnicorn

Rebrand to crash-landing

SqueakyWaffle
SqueakyWaffle
Udaan19mo

As of now only their CREDIT business is making money. Category is bleeding hence they are firing there.

No not known as they are not firing in bulk but sending information to employees 1 on 1.

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Office Gossip
by DizzyMuffinGoogle

Udaan almost fired 60% staff

Friend works there. He kind of confirmed. Company is still struggling to find profitability. Not much margin in fmcg and food segment, which is their biggest pie of orders.