RetailIN
Meesho Layoffs
May 2023
Meesho announced a layoff affecting 251 employees (15% of its workforce) in May 2023. The company operates in the Retail sector.
People Affected
251
Percentage
15%
Announced Date
May 12, 2023
About
Meesho, an Indian social commerce startup, laid off 251 employees, representing 15% of its workforce, on Friday to accelerate its timeline to profitability and work with a leaner organizational structure. This is the second round of job cuts, following 150 layoffs a year ago, as the company aims to reduce cash burn and achieve EBIDTA breakeven in 2023.
Related Events
More Retail Layoffs
Report an Error
If you find incorrect information, please let us know so we can correct it.
support@layoffs.nl