SparklyWalrus
SparklyWalrus

Dunzo in serious trouble

Dunzo caps salary at 75000 per month. Any thoughts?

23mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
DancingPickle
DancingPickle
Dunzo23mo

They have not paid vendor invoices also from last 6 months.

QuirkyCupcake
QuirkyCupcake

Bro are you serious with this? Or just shitposting. I am genuinely curious cos that is a terrible thing if true

DancingPickle
DancingPickle
Dunzo23mo

I’m serious cause I’m one of the vendor affected.

GoofyDonut
GoofyDonut

Done, zo

TwirlyWaffle
TwirlyWaffle
PayTM23mo

Lots

JazzyTaco
JazzyTaco

Some of the very senior people from Dunzo in my LinkedIn connection list were posting random stuff on LinkedIn since last one month, just to increase reach and engagement.

These people have never posted anything in last 2-3 years.
That was the first sign of trouble.

One person doing this means that person is looking for Change.
Multiple people doing this means company( or that vertical) is in trouble!

PrancingPotato
PrancingPotato

I know whom are you talking about…Head of Product

BouncyPancake
BouncyPancake

Yeah all of a sudden she became active posting with her team mates n stuff

SqueakyPickle
SqueakyPickle
Google23mo

E to saala hona hi tha.jpeg

SparklySushi
SparklySushi
Student23mo

Lol it’s like saying 10% discount upto Rs 75 😂😂

ZoomyUnicorn
ZoomyUnicorn
Adobe23mo

Ek bar paytm ne 50% upto Rs 5 dia tha 😂😂

SillyQuokka
SillyQuokka

Cred ₹2 deta hai!

JumpyPotato
JumpyPotato
Cred23mo

Are people resigning?

SquishyCupcake
SquishyCupcake
Dunzo23mo

Not yet

SqueakyNugget
SqueakyNugget

75 is still better than nothing. Market is tough right now

TwirlyWaffle
TwirlyWaffle
PayTM23mo

My batchmate is one of the affected guy, many people from his team are quitting and joining other cos with paycuts. Apparently reliance and Google have pulled the plug, can't believe they burnt half billion dollars, this perhaps will be one of the biggest implosion of this decade.

SqueakyCupcake
SqueakyCupcake

Salary Dhundo.

WobblyBanana
WobblyBanana

Lmao! 75k fo real?

ZoomyBurrito
ZoomyBurrito
Cred23mo

Why did this salary cap happen? Any idea

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Curated from across
Office Gossip
by SquishyBobaSoftware Engineer

Things not looking good for Dunzo - 50% Salary paid to Managers and above this month

  • Severe cash crunch
  • The remaining 50% of salary is expected to be paid on 15th July
  • Reliance not willing to invest more funds
  • Talks ongoing with PhonePe and Paytm for acquisition (Dunzo would support their ONDC backend deliver...
Top comments
user

Okay, unrelated but I have heard reliance invests to destroy. Most of reliance new age investments, major stakes are ...

user

Yes they are going to fire employees across verticals on 29 July

user

Ah that’s why they’re sending less spam these days

Layoffs
by TwirlyMuffinStrategy & Operations

Dunzo lays off 75% of the employees, workforce down to 50.

Dunzo, the hyperlocal and quick-commerce startup, has announced a fresh round of layoffs, impacting 150 employees. With a 75 per cent cut in its workforce, Dunzo will have just 50 employees in its core supply and marketplace teams, accor...

Top comments
user

I'm not at BlinkIt anymore. It's just the truth anyway. When the tough gets going, it's the baniya businessmen who st...

user

Next in line are Zepto, and Blinkit

Layoffs
by SparklyWalrusSpinny

Another layoff coming up at Dunzo🥲

Dunzo laying of 20% or 200 employee (approx) majority in tech and product. Is this end of dunzo?

Top comments
user

Hope they get their severance packages (I mean salary).

user

Shame on the founders to keep lying to their employees a week back. They painted the salary issue as minor hiccup and...

user

75% employees is what I heard on 29th July. Unofficially good byes have started happening.