Dunzo Layoffs Continue: Quick-Grocery Delivery Provider Laying Off 150-200 More Employees Amid Reports of Fresh Funding

New Delhi, September 27: Homegrown quick-grocery delivery provider Dunzo, set to raise $35 million in funding from existing backers like Reliance Industries and Google as well as new investors, is reportedly laying off at least “150-200” more employees amid severe cash crunch. According to multiple reports, Dunzo is likely to trim its workforce further by around 30-40 per cent.

The company has reportedly informed impacted employees that they would receive their full and final settlements in January. The employees were officially informed of the latest layoffs in a short meeting. The startup has already sacked nearly 400 employees so far this year in two job cut rounds. Snap Layoff: Snapchat-Parent To Lay Off 150 Employees From Augmented Reality Department As Part of Its Reorganisation Exercise.

Earlier this month, Dunzo further delayed the salaries of its employees for the months of June and July, this time to November, amid an ongoing fund crunch. The startup may also vacate its office in Bengaluru to cut costs, according to its co-founder and CEO, Kabeer Biswas. Biswas reportedly told employees that their pending payouts for June and July will now be cleared in November. Happy Birthday Google! Netizens Celebrate Google's 25th Birthday Posting Fun Tweets With Wishes, Images and Messages.

Dunzo earlier delayed salaries to the first week of October after being unable to raise funds. It had also promised employees to pay an interest of 12 per cent per annum on the salary component that it held back from June. The company has raised nearly $500 million to date, with approximately $300 million coming in since early 2022.