Zomato To Let Go Of 13% Of Staff, Zoom Call Invite Will Be The Sign
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Zomato To Let Go Of 13% Of Staff, Zoom Call Invite Will Be The Sign
Restaurant aggregator Zomato said on Friday that it will lay off around 13 per cent of its employees and announced pay cuts of up to 50 per cent across its workforce for six months starting June. The layoffs and temporary pay cuts at Zomato come at a time when the country is nearing the end of the third phase of the nationwide lockdown to curb the spread of the coronavirus (COVID-19) pandemic, which has pushed the economy into a standstill and forced many businesses to trim workforce.
In a note sent to Zomato employees early on Friday, founder and CEO Deepinder Goyal wrote: “While we continue to build a more focused Zomato, we do not foresee having enough work for all our employees.”
https://www.ndtv.com/business/coronavirus-covid...
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Zomato to lay off over 600 employees, others to take up to 50 per cent pay cut
Zomato’s latest announcement comes ahead of the fourth phase of lockdown in India, compelling businesses to resort to the sacking workforce.
https://www.indiatoday.in/technology/news/story...