Dunzo Layoffs
July 2023
Dunzo announced a layoff affecting 0 employees in July 2023. The company operates in the Food sector.
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Jul 20, 2023
About
Indian quick-commerce startup Dunzo announced its third round of layoffs in seven months in late July 2023, with an estimated 200 employees, or at least 20% of its workforce, expected to be impacted. This decision, communicated by co-founder Mukund Jha, comes as the company grapples with severe cash flow issues, which have also forced it to delay salary payments from June until September for many staff. The startup, which had already let go of 380 employees in prior cuts, is taking these measures to streamline operations and build a more sustainable business despite claiming to have an 18-month financial runway.
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