Dunzo fires 3% workforce in restructuring train (Picture supply: Dunzo)
Photograph : ET Now Digital
“As we scale from 10 to 100, we’re studying the best way to redefine enterprise processes at scale. Any choice that impacts individuals is hard and all the time our final choice. Final week, we needed to half methods with 3% of our crew energy,” stated Kabeer Biswas, co-founder and chief govt officer (CEO), Dunzo in an announcement.
The short commerce platform, backed by Reliance Retail amongst others, has some 3000 workers as per LinkedIn description; which interprets into 90 job cuts. The corporate didn’t reveal the variety of staff who have been handed the pink slips within the latest transfer.
CEO Kabeer’s assertion additional added Dunzo is doing its finest to assist the workers impacted by the transition.
The corporate final raised USD 240 million from Isha Ambani-headed Reliance Retail Ventures in January 2022. Different buyers similar to Lightbox and Lightrock additionally participated within the funding spherical, through which Dunzo was valued at USD 800 million.
