Job Crisis in Zomato: At present, there is a phase of retrenchment in private jobs. After Twitter and Meta, now online food delivery service provider Zomato has also announced the retrenchment of its employees. The company will reduce its workforce by up to 3%. Let us tell you why the company is doing this.
layoffs have already taken place
Although Zomato is not the first time to lay off its employees, this online food delivery company had laid off more than 13% of its employees in the early days of Corona. Presently the company has about 3,800 employees. Out of which the company has announced retrenchment.
Senior officers resigning
Like Twitter, there is internal infighting in Zomato as well and due to this the company’s co-founder Mohit Gupta has resigned from his post. Apart from these, Rahul Ganju, Head of New Initiatives, and Siddharth Jhawar, Head of Interschi Legends Services, have also left the company.
Other companies are also laying off
Ever since Elon Musk bought Twitter, there have been layoffs everywhere from the IT sector, including social media platforms and now online food delivery. Giant IT companies like Microsoft are also engaged in reducing the number of their employees. Apart from this, Unacademy and Byju’s have also announced about the retrenchment in the country.
According to different companies, Amazon will show the way out to 10,000 people, while Twitter has sent about 3,700 employees home. At the same time, Facebook’s parent company Meta has also announced the exit of more than 11,000 employees. At the same time, the giant IT company Microsoft has also announced an early reduction of 1,000 employees in its staff.