The Good Glamm Group, a Mumbai-based content-to-commerce platform in the beauty and personal care industry, has laid off 150 employees, representing approximately 15% of its workforce. This reduction occurred over the past 15 months as part of a broader organizational restructuring aimed at streamlining operations and eliminating redundancies following the integration of several acquired companies. The company, which operates at a unicorn scale with a $1.2 billion valuation, stated this move finalizes its team integration phase with the goal of achieving profitability in FY25. Concurrently, the firm has made key executive appointments, including a new group COO and CFO, amidst some leadership departures.
