Zomato confirms 3% workforce being laid off across verticals
In the latest instance of employees getting the boot from amid challenging economic times and business models gone wrong, restaurant aggregator and food delivery giant Zomato seems to be reducing its headcount by nearly 4% across multiple departments.
The food aggregator platform informed that employees will be laid off on the basis of their regular performance, so productive employees seem to have a better chance of dodging the proverbial axe and continuing to work at Zomato for a little longer (that is, until Zomato decides to pull a
Meta, or an Amazon and lay off significant portions of its workforce). Currently, the food delivery major employs around 3800 individuals, a number which will reduce if Zomato follows through and continues to trim its workforce over the coming days.
Reports suggest that it has already started laying off employees more