In response to recent misleading media reports, Glamyo Health has issued an official statement to address the inaccuracies and restore confidence in the company. The reports in question have caused unnecessary concerns among stakeholders and investors, prompting the need for a comprehensive account of the situation.
The statement begins by expressing regret over an incident that occurred within the company’s office premises following recent layoffs. While acknowledging the disruption and distress caused to employees, Glamyo Health clarifies that the incident was not a direct consequence of the layoffs themselves. Rather, it was a response from a small group of affected employees who expressed dissatisfaction with their separation from the company. It is important to note that a few employees lodged a complaint with the local police regarding salary dues, which had already been addressed by the company’s policy of disbursing salaries on the 5th of every month. The company rectified the situation by ensuring that all employees received their salaries on time.
The statement further highlights the inaccurate nature of certain media reports, which alleged that the founders of Glamyo Health had fled the country and siphoned investor funds, ultimately predicting the company’s bankruptcy. Glamyo Health categorically denies these baseless allegations, emphasizing the founders’ unwavering commitment to the organization’s success and growth. The company states that there was never any intent expressed by the founders to leave the country. It clarifies that such rumors were circulated by dissatisfied individuals who aimed to induce panic among other employees in order to expedite their own demands.
Glamyo Health assures its stakeholders that its operations are running smoothly and that it has a robust financial framework in place. Immediate action has been taken to address the situation, including engaging with the media outlet responsible for the inaccurate reports and requesting a correction. The company is also exploring legal remedies to address the damage caused by the false allegations against the founders.
To maintain transparency and open communication, Glamyo Health intends to host an investor meeting in the coming weeks. During this meeting, the company will provide accurate financial information, address any concerns raised, and outline its plans for sustainable growth and expansion.
The statement concludes by expressing gratitude to current investors for their unwavering support, trust, and patience during this challenging period. Glamyo Health appreciates their understanding and willingness to listen to the company’s side of the story. The company reaffirms its commitment to overcoming these challenges and steering towards a successful future.
Glamyo Health’s official statement aims to set the record straight, dispel misinformation, and reassure stakeholders of the company’s commitment to its employees, investors, and long-term growth.
