Zomato to lay off 13% staff
Food delivery app Zomato is laying off 13 per cent of its employees. Zomato has around 4,000 employees in different roles. The company has been hit hard by the Covid-19 pandemic as several restaurants are not operating.
Beginning June there will be a “temporary” reduction in pay of up to 50 per cent for the entire organisation.
In an internal email shared with its employees, Zomato co-founder and CEO Deepinder Goyal said that while lower cuts are being proposed for people with lower salaries, if an employee has already taken a voluntary cut which is equal or more than the proposed reduction, then they will not have to take the additional cut.