Google-Backed Dunzo Delays 50% Salaries Of Employees

After a string of layoffs this year, Dunzo, a hyperlocal quick commerce company, backed by Reliance Retail and Google has reportedly delayed 50 per cent of June salaries for employees at different levels.

From managerial positions to ground-level employees, several employees have been affected by the latest decision.

The salaries of employees have been deferred due to the lack of available funds in the organisation despite raising $75 million in April 2023, amid the company’s high cash burn rate.

Dunzo also fired approximately 300 employees in the same month in its second cost-cutting move, post laying off 80 workers in January.

With a total strength of 1,000 employees, about 500 of them will be impacted by the decision to defer salaries. However, the startup has assured the full payment to the affected employees by the end of July.

In the past, Dunzo has raised close to $500 million from Reliance, Google, Lightrock, and several others.