ETtechETtechQuick commerce startup Dunzo has formally informed its staff about fresh layoffs, which will impact around 150-200 employees, people aware of the matter said. The fresh layoffs are part of plans to internally cut costs by 30-40%. A spokesperson for Dunzo declined to comment. The pending salaries for June will now be paid on September 4th, 2023,” Dunzo told employees in a note on Wednesday. “Additionally, the July salary for all team members will be paid only on September 4th along with the August salary.”The firm had shut down half its dark stores before the April financing announcement, and that figure has now gone up to about 70%, people aware of the matter told ET earlier this week.

Source: Economic Times July 21, 2023 16:28 UTC