Zomato cuts 13% jobs, slashes salaries as CEO blames coronavirus
Food delivery app Zomato is cutting 13 per cent jobs as it does not see enough work for all its employees, co-founder and CEO Deepinder Goyal said in a company-wide email on Friday. "Multiple aspects of our business have changed dramatically over the last couple of months and many of these changes are expected to be permanent. While we continue to build a more focused Zomato, we do not foresee having enough work for all our employees. We owe all our colleagues a challenging work environment, but we won’t be able to offer that to 13 per cent of our workforce going forward," Goyal said in the mail. Read More