Udaan Layoffs News Today

B2B e-commerce platform Udaan has reportedly cut over 100 jobs as part of a restructuring exercise. The company merged its essentials and discretionar

Udaan’s layoffs come because of a fundamental shift in the way it operates. The number of laid-off employees could amount to a figure higher than 150 also. 

Most of the job cuts happened in the go-to-market (GTM) team, which handles relationships with sellers, among other responsibilities, people in the know said. The layoffs, the sources explained, were due to redundancies following a rejig of the business in September.

Udaan Layoffs: The layoffs come post-consolidation of Udaan’s two business verticals essentials and discretionary. In September, the e-commerce major announced organisational changes in an attempt to drive efficiency by merging and consolidating its essentials business with the discretionary business.

Get latest articles and stories on Business at LatestLY. New Delhi [India], December 18: Continuing its green endeavour, ONGC Mumbai has planted 5000 trees employing the Miyawaki method at its Panvel Phase II campus in association with M/s.Green Yatra. Vijay Raj, Head Regional Office, Mumbai, N K Singhal, Chief Logging Services, S Bose, Head Uran Plant, Rajiv Nischal, Head IPEOT, N C Kanoji, Head Nhava Supply Base and other senior officers led the enthusiastic team of employees, their spouses a...

The layoffs occur just as the company announced ambitions to launch an IPO within 18 to 24 months.