After Zomato, Swiggy sacks 1,100 workers as Covid-19 shuts Cloud kitchens

Joining arch rival Zomato, food delivery platform Swiggy on Monday announced to lay off 1,100 employees, nearly 14 per cent of its workforce, spanning across grades and functions in the cities and head office over the next few days as Covid-19 continues to hurt its business across verticals.

All impacted employees will receive at least three months of salary, irrespective of their notice period or tenure, Sriharsha Majety, Co-founder and CEO, Swiggy, told employees in a virtual town hall meeting.”For every year they have spent with us, we will be offering an extra month of ex-gratia in addition to their notice period pay, working out to between 3-8 months of salary depending on the tenure,” said Majety.