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Published 2 years ago

Udaan Employee Layoffs: Udaan fires 180-200 staff, 5% of its workforce, to cut costs

Summary by Ground News

Udaan, a marketplace that connects small retailers with wholesalers and traders, was founded in 2016 by Sujeet Kumar, Vaibhav Gupta and Amod Malviya. The company claims to have an estimated market share of 80%, distributing 0.5-million products across 2,500 brands to 3 million of the estimated 12 million distribution outlets in 900 towns.

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Udaan Employee Layoffs: Udaan fires 180-200 staff, 5% of its workforce, to cut costs

A company spokesperson confirmed the development to ET without disclosing the number of employees it had fired.

2 years ago·India

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Udaan fires 180 employees; 4% of its workforce

Udaan says various steps have been taken to enhance efficiency, refine cost structure and grow faster but it also resulted in certain redundancies

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Apparel Resources

Indian e-commerce start-up Udaan fires 180-200 staff members

Udaan, the leading B2B e-commerce start-up platform for businesses and shop-owners, has laid off 180-200 employees (5 per cent of its workforce).

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