Meesho Cuts 251 Jobs in Fresh Round of Layoffs Amid Funding Winter

[{"selector":"#anim-32dc1526-76f7-465a-b15b-63fbe142c116 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.514648210040342%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-a95f5018-950f-401c-a2f9-7cd9a7edd412","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0de2e30b-fb70-43ee-a252-4aefcb447f22","keyframes":{"transform":["translate3d(0px, 180.26138%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f92676d7-e022-41d3-916f-b941852e766d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8714de3a-2ecf-47ce-8173-b01f0fec5043","keyframes":{"transform":["translate3d(0px, -311.93427%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Meesho Cuts 251 Jobs in Fresh Round of Layoffs Amid Funding Winter 05-05-2023

[{"selector":"#anim-d166a2bf-9da5-428d-9400-49d5036d89a2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-6d2442b3-3660-4c50-ba57-9dcec394f44b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-34d60bf9-6e92-4eb6-a942-f34e7d36e1cf","keyframes":{"transform":["translate3d(0px, 157.80022%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7068d907-935e-436b-8f63-370399fe55f6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-93085f7e-5b6d-4852-b5b1-92e007ea4ab8","keyframes":{"transform":["translate3d(0px, -311.93427%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Meesho has let go of 251 employees in a fresh round of job cuts amid the funding winter.

[{"selector":"#anim-f08617e5-4d21-4eda-88e9-fc378f02950f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-35.35156206612449%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-fb43456e-a694-4c54-a6b2-f769bf6dc897","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-260e17d1-a620-4a9a-b380-1c0c04108a29","keyframes":{"transform":["translate3d(0px, 181.74604%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2892cad7-c2d8-44d4-9577-efe7e0b2886b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-29c1bf30-719a-4337-ab33-b2780812d77e","keyframes":{"transform":["translate3d(0px, -311.93427%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Last year, the company had let go of about 150 employees.

[{"selector":"#anim-2b68e453-40ff-4f20-bd1e-e5d0f01f5145 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-7986581f-5719-49ac-a388-9c0608359a60","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7e0ba79f-1b06-4f45-9fe3-0565fdb8c7d3","keyframes":{"transform":["translate3d(0px, 158.39001%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae051dd9-87d6-45b2-b8c0-1dcc9a369a1e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0879e3a9-daf5-4e19-89f5-f67278402320","keyframes":{"transform":["translate3d(0px, -311.93427%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The move comes as startups struggle to raise funds and cut costs to survive the funding winter.

[{"selector":"#anim-6e7f724c-a52e-4305-90f3-c4fa50806995 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-7554aec1-fcd9-47cb-9d07-572adfeee49f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-46935dbf-80d5-4ea0-b4fb-8a26f3ae6b62","keyframes":{"transform":["translate3d(0px, 132.52638%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-900b98c0-76e1-4139-ac60-7eefa4a5ce19","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f0e66d68-83c4-4242-81f7-d665e57b19a1","keyframes":{"transform":["translate3d(0px, -311.93427%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Meesho is valued at $4.9 billion and raised a Series F funding round led by Fidelity Management and Eduardo Saverin's B Capital Group. The company aims to become Ebitda-positive by mid-2023 before going public.

[{"selector":"#anim-78b3f084-d6b0-464e-8666-c240fd188250 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-21.874999829338588%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-472bf024-92a1-4e8e-b182-519ca0e89f5a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-24ff0eae-dfb5-493b-b41e-c14904491f68","keyframes":{"transform":["translate3d(0px, 213.68561%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-680d1496-5e18-477d-8f1b-0235ab770717","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-580052bd-7638-4e30-826a-9c6a547a0efc","keyframes":{"transform":["translate3d(0px, -311.93427%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] President returns home after one year of becoming the president Click here