Dunzo Layoffs
September 2023
Dunzo announced a layoff affecting 150 employees (30% of its workforce) in September 2023. The company operates in the Food sector.
150
30%
Sep 26, 2023
About
Indian quick-commerce startup Dunzo has laid off approximately 150-200 employees, representing about 30-40% of its workforce, as announced by co-founder Mukund Jha in a meeting on Friday. This marks the third round of layoffs this year, following earlier cuts that affected nearly 400 employees. The company is implementing these measures to reduce operational costs, including plans to move to a smaller office. Affected employees face delayed salary payments for June and July, with options to resign for settlements early next year. Despite the cuts, Dunzo is reportedly in advanced talks to secure $25-30 million in funding from key investors like Reliance Retail and Google.
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