The firing thing is now normal in pandemic times. Just a day after news of Zomato firing 500 plus employees came its competitor Swiggy has joined the league. The popular food delivery app would lay off around 1,100 employees to stay afloat during these tough market situations.
Swiggy’s co-founder and CEO Sriharsha Majety made it official. “Today is one of the saddest days for Swiggy as we have to go through an unfortunate downsizing exercise. We, unfortunately, have to part ways with 1,100 of our employees spanning across grades and functions in the cities and head office over the next few days”, Majesty mailed to the employees as per the company’s blog.
“While Covid might have long-term tailwinds for the delivery business and digital commerce when things settle eventually, nobody knows how long the uncertainty will last. We, therefore, need to be prepared to see through this winter, to emerge stronger on the other side“, added Majesty. Swiggy would also shut adjacent businesses that are either going to be highly volatile or will not be highly relevant.
Doing so the firm is looking at shutting kitchen facilities temporarily or permanently. Job loss is a major issue in times of pandemic. As per a report by Livemint 136 million jobs at risk in post-corona India.