Last Update: January 18, 2023, at 12:53 pm
According to reports, Dunzo reportedly incurred a net loss of Rs 464 crore in FY22.
Dunzo currently has around 3,000 employees and if 3 per cent employees are fired, it means at least 90 employees have lost their jobs.
Over the past few months, several tech companies such as Meta, Twitter and Amazon have laid off people, citing cost-cutting and many other reasons. The latest to join the bandwagon is delivery platform Dunzo, which has announced its decision to lay off nearly 3 percent of its workforce. in conversation with Business Today, a former employee said, “About 65 of us, who work out of the Bengaluru office, were called for a meeting last week and told that we have been dropped.”
Does Dunzo have a plan to help the laid off employees during these difficult times? CEO and Co-Founder Kabir Biswas spoke about this in a conversation with CNBC TV18. He said that the company is doing everything possible to help the employees in this difficult time. According to Kabir, any decision that affects people is difficult and is always their last option. The CEO concluded by saying that many people who have been fired have made a career at Dunzo. He said that it is very sad when talented colleagues leave the company.
What prompted Dunzo to lay off 3 percent of its workforce?
According to reports, Dunzo reportedly incurred a net loss of Rs 464 crore in FY2022. In the last financial year 2021, this loss was Rs 229 crore. , The platform tried to hold its ground as it re-strategised and downsized its daily store operations.
Despite these measures, the company failed to make any progress. These frequent failures may have forced the company to lay off 3 percent of its workforce. As of now, there is no official confirmation on the number of employees fired by Dunzo.
Currently, Dunzo has around 3,000 employees and if 3 per cent of the workforce is laid off, it means 90 employees will lose their jobs.
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