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On-demand delivery platform Dunzo said today one of its four co-founders, Dalvir Suri, would leave and the cash-strapped, Reliance Industries-backed startup. It also announced an organisation-wide restructuring from this quarter.
The move comes after the logistics and delivery platform sacked about 400 employees in the first half of the year.
Dunzo, a hyperlocal quick commerce company, has reportedly deferred 50% of salaries for employees in manager-level positions and above due to a cash crunch.
Homegrown quick-grocery delivery provider Dunzo has announced that it will cut its workforce by 30%, resulting in almost 300 layoffs. This comes after it raised $75 million in a fresh funding round. -- aaa