Categories: Business

Zomato to lay off 13 percent workforce amid coronavirus lockdown Zomato will lay off 13 percent of its workforce due to lack of work


Zomato to lay off 13 percent workforce amid coronavirus lockdown

new Delhi. Zomato, a company that provides online food-related services, said on Friday that it was going to lay off about 13 percent of its workforce due to the Corona virus epidemic. The company employs about 4,000 employees. Jomato founder and CEO Deepinder Goyal said that many aspects of the company's business have changed dramatically over the past few months and many of these changes are about to become permanent.

He said that we will continue to create a more focused Zomato but we do not see hope of getting enough work for all our employees. We will not be able to keep around 13 percent of the staff with us.

The founder of Zomato said in a tweet that the company will continue to provide financial and emotional support to the fired employees for the next six months. In an e-mail sent to employees, Goyal has said that our business has been greatly affected due to Corona virus lockdown. A large number of restaurants have been permanently closed and we all know that this is just the beginning. I anticipate 25 to 40 percent restaurants will be closed in the next 6 to 12 months.

According to a report, the order of Swiggy and Zomato has dropped by more than 60 percent due to the epidemic. Goyal said that any employees who have been affected by the layoffs will get a call call invitation from the company's leadership team within the next 24 hours. Apart from these, employees who are not being fired yet, but the company does not have work for them, then they will get 50 percent salary.

Goyal said that we expect from such employees that they will devote all their time and energy to find new jobs. The company is going to cut the salary of all its employees by 50 percent from June.

This post was published on May 16, 2020 11:56 am

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