Meesho lays off 251 employees, reduces workforce by 15 percent, achieves sustained profit more details

Meesho has laid off 251 employees from its workforce. Which is said to be 15 percent of its workforce. Meesho has grown rapidly in the last few months as an online shopping platform. But the worldwide recession is forcing companies to reduce the workforce, in which Meesho has now also joined. The company has told to ensure continuous profit behind taking this step.

The effect of the global slowdown is being seen all over the world. From 2022 till now, in the last few months, lakhs of employees have been fired worldwide. Meesho has also shown the way out to 251 employees, reducing the workforce by 15%. IANS’s Report According to, the company has said that the company is committed to fully support the fired employees. It has been said to give separation package to the removed employees. It will be given from 2.5 months to 9 months depending on the tenure and post of the employee.

According to the report, on behalf of the company’s spokesperson, it has been said that we are grateful to the fired employees for taking Meesho to the height. Earlier, Meesho had closed its grocery affiliate superstores in more than 90 cities in India. Even at that time many people had to lose their jobs. This number is said to be around 300. These superstores were in Karnataka, Telangana, Andhra Pradesh, Gujarat, Madhya Pradesh and Maharashtra.

Worldwide economic downturn The effect is being seen. In the last few months, giant tech companies announced major layoffs for cost cutting. in which amazon, Google, Microsoft, Vodafone Idea as well as many more big names. In a recent report, it was revealed that in January 2023, more than 1 lakh people had lost their jobs. Those who lost their jobs included employees of big firms like Amazon, Microsoft, Google, Salesforce. The process of layoffs is still going on in the big tech companies.