Close Menu
    Facebook X (Twitter) Instagram
    • Our Story
    • Partner with us
    • Reach Us
    • Career
    Subscribe Newsletter
    HR KathaHR Katha
    • Exclusive
      • Exclusive Features
      • Research
      • Point Of View
      • Case In Point
      • Dialogue
      • Movement
      • Profile
      • Beyond Work
      • Rising Star
      • By Invitation
    • News
      • Global HR News
      • Compensation & Benefits
      • Diversity
      • Events
      • Gen Y
      • Hiring & Firing
      • HR & Labour Laws
      • Learning & Development
      • Merger & Acquisition
      • Performance Management & Productivity
      • Talent Management
      • Tools & Technology
      • Work-Life Balance
    • Special
      • Cover Story
      • Editorial
      • HR Forecast 2024
      • HR Forecast 2023
      • HR Forecast 2022
      • HR Forecast 2021
      • HR Forecast 2020
      • HR Forecast 2019
      • New Age Learning
      • Coaching and Training
      • Learn-Engage-Transform
    • Magazine
    • Reports
      • Whitepaper
        • HR Forecast 2024 e-mag
        • Future-proofing Manufacturing Through Digital Transformation
        • Employee Healthcare & Wellness Benefits: A Guide for Indian MSMEs
        • Build a Future Ready Organisation For The Road Ahead
        • Employee Experience Strategy
        • HRKatha 2019 Forecast
        • Decoding and Driving Employee Engagement
        • One Platform, Infinite Possibilities
      • Survey Reports
        • Happiness at Work
        • Upskilling for Jobs of the Future
        • The Labour Code 2020
    • Conferences
      • Rising Star Leadership Awards
      • HRKatha Futurecast
      • Automation.NXT
      • The Great HR Debate
    • HR Jobs
    WhatsApp LinkedIn X (Twitter) Facebook Instagram
    HR KathaHR Katha
    Home»Hiring & Firing»Meesho asks about 150 employees to leave
    Hiring & Firing

    Meesho asks about 150 employees to leave

    HRK News BureauBy HRK News BureauApril 12, 2022Updated:April 12, 20222 Mins Read3438 Views
    Share LinkedIn Twitter Facebook
    Share
    LinkedIn Twitter Facebook

    Meesho Superstore, the grocery vertical of Meesho, witnessed a layoff of about 150 people. This is a little surprising because it was not long ago, in September 2021, that it had managed to raise funds to the tune of $570 million, which it had at the time revealed it would use to expand.

    The move comes about a week after the e-commerce firm had revealed intentions of integrating the grocery arm into its main app.

    According to a blog, the Company, which is backed by Softbank and Facebook among other investors, is continuing its endeavour to make “online grocery affordable for users across Tier 2+ markets”. By downsizing, it hopes it will have a leaner team and a more suitable framework capable of fulfilling the growing needs of our customers.

    However, hiring is still on for other segments of the Company. The primary marketplace business of the firm remains unaffected.

    While some of those affected are full-time employees, others are contractual staff hired via third parties. It is reported that these employees were asked to leave following an evaluation of various roles and in a bid to eliminate redundancies.

    The social commerce platform is reportedly offering severance packages to those affected and also helping them with outplacement.

    Two years ago, the Company had laid off about 200 employees. So this isn’t the first time such a trimming of the workforce is happening at the firm, which was founded in 2015 by Vidit Aatrey and Sanjeev Barnwal, both IIT-Delhi alumni.

    alumni grocery IIT Delhi Meesho Meesho Superstore Sanjeev Barnwal social commerce Vidit Aatrey
    Share. LinkedIn Twitter Facebook
    HRK News Bureau

    Leave A Reply Cancel Reply

    10 + 13 =

    Related Posts

    June witnessed 11% rise in fresher hiring in India

    July 2, 2025

    Saraf Furniture to hire 500+ LGBTQ+ employees

    June 4, 2025

    Myntra prepares for sale, demand surge; takes on 20,000 gig workers

    June 2, 2025

    Ankush Malik, COO of Juniper Green Energy, elevated to CEO

    May 23, 2025

    QUICK HR INSIGHTS

    EDITOR'S PICKS

    The last impression: Why Indian companies stumble at the employee exit

    July 18, 2025

    When your AI coach becomes a corporate spy

    July 17, 2025

    How Castrol India is retraining its workforce for the electric age

    July 16, 2025

    Mahindra Holidays turns to local communities for talent as India’s hospitality schools empty out

    July 15, 2025
    Latest Post

    Maharashtra govt to test staggered office timings and new transport plans

    News July 18, 2025

    In response to rising fatalities from overcrowded suburban trains, the Maharashtra government is taking new…

    Mandatory rural postings for Himachal government staff amid push for fair transfers

    News July 18, 2025

    The Himachal Pradesh government has mandated that all its employees and officers serve at least…

    AWS lays off hundreds amid shift toward AI efficiency

    News July 18, 2025

    Amazon has laid off several hundred employees from its Amazon Web Services (AWS) division, in…

    Lenovo cuts over 100 jobs in strategic US workforce restructuring

    News July 18, 2025

    Lenovo has announced another round of job cuts in the US, reducing its workforce by…

    Asia's No.1 HR Platform

    Facebook X (Twitter) Instagram LinkedIn WhatsApp Bluesky
    • Our Story
    • Partner with us
    • Career
    • Reach Us
    • Exclusive Features
    • Cover Story
    • Editorial
    • Dive into the Future of Work: Download HRForecast 2024 Now!
    © 2025 HRKatha.com
    • Disclaimer
    • Refunds & Cancellation Policy
    • Terms of Service

    Type above and press Enter to search. Press Esc to cancel.