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Udaan lays off about 180 employees in a move to drive cost-efficiency

The layoffs have happened at a time when Udaan is trying to turn into a publicly listed entity in 18-24 months

udaan, b2b retail, firms, startups
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Udaan said it is working towards providing all required support to the impacted employees, which includes medical insurance for self and family.

Peerzada Abrar Bengaluru
Udaan - India’s largest business-to-business (B2B) e-commerce company - has laid off about 180 employees, or 4-5 per cent of its workforce of 4,000, in a move to drive cost efficiency, revealed sources. They said the layoffs have happened across various department functions.

The layoffs have happened at a time when the Bengaluru-based firm is trying to turn into a publicly listed entity in 18-24 months. For this, it is focusing on positive unit economics and tracking quarter-on-quarter performance of the firm.

Udaan declined to divulge the exact number of employees it is laying off but said it believes in

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First Published: Jun 27 2022 | 10:08 PM IST

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