Meesho fires 251, aims to achieve break-even this year
SoftBank-backed e-commerce firm Meesho laid off 251 employees, 15% of its workforce to cut costs and as part of its efforts to achieve profitability.
Source: newindianexpress.com
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E-commerce firm Meesho lays off 251 employees
Meesho Founder and CEO Vidit Aatrey in an email to employees informed about the decision and announced that all the affected employees will get one month extra severance pay beyond the notice period as well as ESOPs irrespective of the period they have been with the company.
Source: moneycontrol.com
E-commerce firm Meesho lays off 251 employees, nearly 15% of its existing workforce
Meesho said that the company is committed to ensure all those impacted have its full support and will be provided a separation package that includes a one-time severance payment of 2.5 to 9 months, continued insurance benefits and job placement support
Source: firstpost.com
Layoffs: E-Commerce Firm Meesho Lets Go Of 251 Employees Or 15% Workforce, Announces Severance Package
Meesho Layoffs: It says the company is committed to ensuring all those impacted have its full support and will be provided with a separation package
Source: news18.com
No END To Layoffs! Despite 10x Growth In 2 Years, Meesho Sacks Employees – Know What CEO Says
Meesho Layoffs: The company further said that it is committed to ensuring all those impacted "have our full support and will be provided a separation package that includes a one-time severance payment of 2.5 to 9 months (depending on tenor and designation), continued insurance benefits, job placement support and accelerated vesting of ESOPs"., Companies News, Times Now
Source: timesnownews.com