Meesho Layoffs: E-Commerce Startup Lays Off 251 Employees, Admits Error in Over-Hiring
Ecommerce startup Meesho has laid off 251 employees citing cost pressures and race to profitability as reasons.
Ecommerce startup Meesho has laid off 251 employees citing cost pressures and race to profitability as reasons. According to an email by CEO Vidit Aatrey to employees, the company made "errors in over-hiring ahead of the curve."Meesho also laid off 150 workers around the same time last year. Shopify Layoffs: E-Commerce Company To Fire 20% of Entire Workforce, Sell Majority of Logistic Business.
Meesho Layoffs
(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)