MSME India

Zomato sacks staffers

Gurugram-headquartered food aggregator firm Zomato has reportedly started spreading off workers this week and plans to drop at least 4 per cent of its total workforce to cut costs and turn profitable. This update comes after its Co-founder Mohit Gupta left from his seat on Friday.

At least 100 workers have already been affected across functions like the product, tech, catalogue and marketing, reported Money Control citing sources. It further added that employees in the reserve chain haven’t been impacted.

The source told the news portal that employees in roles that had become redundant had been let go. The source also added that a few account managers dealing with cloud kitchens had also been replaced.

Zomato recently saw multiple top-level exits from the company.

The top-level exits include Rahul Ganjoo, who was the new initiatives head and Siddharth Jhawar vice president of global growth. The company’s deputy chief financial officer, Nitin Savara, also stepped down in August.

Related posts

Modi for Middle Class

India Business Story

“I have been told that more than 100 MSMEs are linked to this project: PM Modi

India Business Story

MSME INDIA: Grant for MSME’s