Udaan lays off about 180 employees in a move to drive cost-efficiency

The layoffs have happened at a time when Udaan is trying to turn into a publicly listed entity in 18-24 months

Udaan - India’s largest business-to-business (B2B) e-commerce company - has laid off about 180 employees, or 4-5 per cent of its workforce of 4,000, in a move to drive cost efficiency, revealed sources. They said the layoffs have happened across various department functions.

The layoffs have happened at a time when the Bengaluru-based firm is trying 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 divulge the exact number of employees it is laying off but said it believes in