The layoff has happened at a time when the Bengaluru-based firm is eyeing to turn into a publicly listed entity in 18-24 months. For this it is focusing on positive unit economics and tracking 'quarter on quarter performance of the firm.
Udaan declined to reveal the total number of employees that it is laying off but said that it believes in efficiency as a driver of profitable growth and has already made significant progress towards building a sustainable business.
This story is from the June 28, 2022 edition of Business Standard.
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This story is from the June 28, 2022 edition of Business Standard.
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