Saturday, November 26, 2022
JVSpin

Zomato planning a mass firing of about 3% of its Workforce

- Advertisement -

Zomato, an online meal delivery platform, announced on Saturday that it plans to let off about 3% of its personnel in order to reduce costs and turn profitable. The move comes after other tech behemoths and social media platforms announced layoffs. According to Zomato, layoffs will be based on regular performance.

Zomato
credit: businessinsider

Zomato currently employs about 3,800 people.

In May 2020, Zomato lay off approximately 520 employees, or 13% of its workforce, in response to a drop in business caused by the Covid epidemic. Meanwhile, Mohit Gupta, co-founder of Zomato, resigned from the company on Friday.

Zomato
credit: businessinsider

Furthermore, the meal delivery company revealed earlier this week that Rahul Ganjoo’s 5-year tenure as Head of New Initiatives has come to an end. Siddharth Jhawar, Zomato’s Vice President of Global Growth, announced his departure earlier this month as well.

1xbit

Also Read:

Source

- Advertisement -
spot_img
Nivedita Bangari
Nivedita Bangari
I am a software engineer by profession and technology is my love, learning and playing with new technologies is my passion.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles

Bitdefender WW

Stay Connected

220FansLike
122FollowersFollow
187FollowersFollow
Ajio [CPS] IN

Hot Topics

spot_img

Latest Articles

Trending

Featured

Adblocker detected! Please consider reading this notice.

We've detected that you are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading.

We don't have any banner, Flash, animation, obnoxious sound, or popup ad. We do not implement these annoying types of ads!

We need money to operate the site, and almost all of it comes from our online advertising.

Please add technosports.co.in to your ad blocking whitelist or disable your adblocking software.

×
TOP 10 HILL STATIONS OF INDIA TO VISIT ONCE IN LIFE Will Google Pay & PhonePe soon get a transaction limit? AMUL, BYJUs, & JIO-CINEMA: INDIAN BRANDS BOOSTS THE FIFA WORLD CUP 2022 THREE COMPANIES OF TRILLION DOLAR CLUB BYD ATTO 3 ELECTRIC SUV OPEN FOR BOOKINGS