Employees are not getting salary on time in retail company Dunzo, this big thing came to the fore.
Retail Dunzo: Trouble continues at retail company and quick-grocery delivery provider Dunzo. This Bangalore-based company does not even have the money to pay salaries to its employees. It is also supported by Google. The outstanding payment of last month also has not been settled yet. In a note to the employees, the company said it has further delayed payment of salaries for the months of June and July. Earlier, the company had fixed the limit for June salary payment at Rs 75,000 and promised to pay the dues on July 20, but the payment could not be cleared on time.
Will have to wait long for salary
Dunzo told employees it understands the delay in pay is very difficult and the company appreciates their patience. For those team members who were expecting to be paid the remainder of their June salary during this week, we regret to inform you that this has been delayed. The pending salary for June will now be paid on 4th September 2023. Additionally, July salary for all team members will be paid on 4th September itself along with August salary. The company says that it has cash flow problems. The company is constantly making efforts to streamline it. The company has appealed to the employees that in this bad time the company needs the support of the employees.
There may be job cuts
Dunzo has decided to cut costs by 30-40%, which may result in job cuts. The company has cut around 400 jobs in two phases so far this year. Let us tell you that the company had recently tried for funding, but it did not get success there.