Meesho terminates 150 employees

Meesho terminates 150 employees

Meesho has terminated the services of 150 full-time employees from its grocery arm, days after the social commerce startup integrated its grocery business within the core app according to media reports.

“About 150 full time employees will be impacted by the restructuring of Meesho Superstore which is aimed at bringing in efficiencies,” the e-commerce firm said in a statement.

The Firm has also sacked some contractual workers who were on third-party payrolls. “A small number of full-time employees and certain third-party positions on six-month contracts at Meesho Superstore were reassessed to remove redundancies with the core business,” the company said in a blog post.

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Meesho said it is offering severance packages and outplacement assistance to help those impacted secure new opportunities outside the company.

“The redundancies do not impact any positions at the core Meesho marketplace business, where we continue to hire and grow talent,” the startup said.

The company had last week announced that it was integrating the grocery business within the core app to provide Meesho users a unified shopping experience, while driving stronger synergies across areas like customer acquisition, technology, product and talent.

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