Dunzo Caps Employee Salaries At Rs 75,000 Irrespective of Their Package; Details Here
1 year, 5 months ago

Dunzo Caps Employee Salaries At Rs 75,000 Irrespective of Their Package; Details Here

News 18  

Dunzo, the cash-strapped quick commerce startup, in June capped the monthly salary of employees at Rs 75,000, irrespective of their package, according to a Moneycontrol report. Earlier this week, Dunzo decided to defer June salaries for around 500 staffers, or about 50 per cent of its workforce, Moneycontrol has reported. However, the company’s management, including its CEO Kabeer Biswas, has said the salaries are being capped for June only and that Dunzo will clear all dues by July 20. Another person told Moneycontrol that the company tried till last to clear all salaries but “there was a business need that required immediate attention and that’s likely why employees were informed at the very last minute”.

History of this topic

Dunzo delays salaries, read the company's note to employees
1 year, 5 months ago
Dunzo lays off 30% of its workforce while securing $75 million funding: Reports
1 year, 8 months ago
Dunzo to lay off 30% of staff amidst a $75 million funding round
1 year, 8 months ago

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