Good Glamm delays April salaries; ex-staff still owed

It needs about ₹250-500 crore to settle liabilities and pay vendors, employees and founders

- Priyamvada C.

The Good Glamm Group, a beauty products and content platform, has delayed salaries for April and is yet to settle the full and final payments for those employees who were laid off, two people familiar with the matter told Mint.

"The employees were told that the company will settle April dues along with May's salary by June, and the full & final settlements to former employees will be paid as soon as the company completes its fundraising process," one of the people cited above said.

"Some former employees have also not received their salary dues for February and March," the second person cited above, who was formerly an employee, told Mint on condition of anonymity. The person added that the company has not clearly communicated the status of payment to many of the employees laid off.

A spokesperson for Good Glamm declined to comment.