Meesho, the SoftBank-backed e-commerce platform, will now adopt a flexible work-from-office model for all employees beginning June 2023. This is a move away from earlier announcing a permanent work-from-anywhere model for all its staffers in February.
“Starting June 1, 2023, Meesho will adopt a flexi-office model combining the flexibility and convenience of remote work with the energy and enthusiasm of periodic in-office presence. Employees will come to the office one day a week and can continue to work remotely for the rest of the week,” Meesho said in a press statement on Friday.
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“All employees relocating to Bengaluru will get comprehensive financial support covering travel, real estate brokerage, goods transportation, school readmission and sponsored daycare facilities for children under six years of age.”
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The Bengaluru-based startup said it arrived at the decision after surveying employees internally.
Meesho, run by Vidit Aatrey and Sanjeev Barnwal, primarily caters to the tier 2 and beyond regions; it has so far raised over $1 billion and is valued at about $4.9 billion.