3% of the staff at Google-backed Dunzo  fired.

Google-backed delivery platform Dunzo has announced the layoff of 3% of its personnel, citing reorganisation, joining the long list of Indian businesses that have been reducing their workforces to reduce costs.

There are 3,000 employees at Dunzo, according to data found on LinkedIn, therefore the business has let go of about 90 of those workers. The amount of layoffs by the corporation was not made public.

Dunzo’s most recent investment round, which was headed by Reliance Retail Ventures Ltd. and included participation from Lightbox and Lightrock, saw Dunzo raise $240 million in January 2022 at a post-money “conservative” valuation of $800 million.

This news is written by Ms. Amrita Singh, Research Assistant, All India Legal Forum.

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