FoodIN

Dunzo Layoffs

August 2024

Dunzo announced a layoff affecting 150 employees (75% of its workforce) in August 2024. The company operates in the Food sector.

People Affected

150

Percentage

75%

Announced Date

Aug 31, 2024

About

Dunzo, a hyperlocal delivery startup, has laid off 150 employees, reducing its workforce to just 50 across supply and marketplace teams. This drastic cut, representing a significant portion of its staff, stems from severe financial difficulties as the company struggles to secure new funding. Reporting a massive loss of INR 1,801 crore in FY23, Dunzo faces delayed salary payments, vendor dues, and legal insolvency applications. Amid leadership changes and investor exits, the Bengaluru-based company is pivoting toward B2B operations while desperately seeking capital to survive.