Meesho Fires 300 Employees as Company Closes Grocery Business; Find Out Why

Meesho fired off 150 people, largely from Farmiso, in the same month after renaming Farmiso to Superstore to emphasize its sustained focus on meeting customer demand for daily goods in Tier 2 markets and beyond. It had hoped to incorporate its grocery company into the primary application at the time. Vidit Aatrey, Founder and CEO of Meesho, made a statement at the time.

“What began as a pilot in Karnataka is now gaining traction in six states.” “Driven by our user-first philosophy, the integration will give millions of Meesho users a single shopping experience, while also allowing us to achieve better synergies across areas like customer acquisition, technology, product, and people,” he added in the release.

During the first wave of the Covid-19 epidemic, Meesho lay off 200 employees.

According to the Inc42 article, Meesho provided a two-month pay as severance compensation to the laid-off on-role staff this time. According to the article, which cites sources, the corporation has also integrated some of its on-roll staff into its main operation.