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SWIGGY LAYOFFS
Adidas begins layoffs at India Tech Hub in Gurgaon, nearly 20% workforce affectedAdidas said less than 20% of employees in its India Technology organisation have been affected by layoffs at its Gurugram Tech Hub.- Infosys’ next CEO; Swiggy renews Indian-ownership bidInfosys announced on Thursday that company veteran Ashiss Kumar Dash will be the CEO from April 2027. This and more in today’s ETtech Top 5.
- Swiggy’s Indian control push; Cultfit’s big IPO swingSwiggy has inched closer to qualifying as an Indian-owned and controlled company. This and more in today's ETtech Top 5.
- Layoffs in 2024: These startups grappled with workforce cutsThe year witnessed notable layoffs, with numbers ranging from a few hundred to a few thousand, at companies like Ola Electric, Paytm parent...
- Startups’ pink slip count falls to 10,000 amid funding bluesFiring in first half of 2024 lesser than H2, H1 of ’23, signalling a slight recovery. Ola Electric is in the final stages of laying off ove...
- Layoffs at big internet firms keep staffers at startups on the edgeThe new year has begun on a sombre note for people working in large and well-capitalised startups as companies like Swiggy, Flipkart, and P...
- Swiggy to lay off 6% of workforce impacting 400 jobs ahead of IPOSwiggy is set to cut its workforce by 6% affecting 350-400 roles across teams like technology, call centre, and corporate roles, with senio...
- Swiggy to axe 400 jobs; Groww vs Zerodha race heats upThe cuts, which will impact about 6% of its 5,500 to 6,000 staff, will most likely happen across teams like technology, call centre, and co...
- Major layoffs announced by Indian startups recentlyA prolonged funding winter and uncertain macroeconomic conditions triggered mass layoffs across Indian startups over the past few months. S...
- Invesco cuts Swiggy’s valuation by 33% to $5.5 billion; global tech M&A deals sputter in March quarterUS asset manager Invesco has once again slashed its portfolio firm Swiggy’s valuation. This time it’s a 33% cut to $5.5 billion from $8.2 b...
- Microsoft, Google and other major companies that announced layoffs this yearGoogle layoffs: Microsoft, Byjus, Twitter, Google and other companies that announced layoffs in 2023.
- Layoffs in 2023: the most important stories this weekGoogle is the latest tech firm to trim staff as the economic boom that the industry rode during the Covid-19 pandemic ebbs. The tech giant ...
- Swiggy to lay off 380 Employees, says CEOThe food and grocery delivery company is the latest to join the swelling ranks of startups such as ShareChat, Dunzo, Rebel Foods, Hubilo, O...
- Swiggy sacks 380 employees: read CEO Sriharsha Majety’s email on job cutsOnline food delivery platform Swiggy is laying off 380 employees. The decision was communicated to staff at a town hall on Friday.
- Amazon to cut over 18,000 jobs; consumers in no hurry for quicker grocery deliveriesEcommerce giant Amazon has resorted to another round of mass layoffs in a bid to cut costs. CEO Andy Jassy, in a statement to staff, said t...
- Swiggy pilots premium grocery business with HandpickedUnlike its quick commerce business Instamart, the products listed on Handpicked will only be delivered the next day, and consumers can only...
- Exclusive: Swiggy may fire 250 employees in December, more layoffs in storeJobs in areas like supply chain, operations, customer service and tech are at risk. Swiggy has joined a growing list of tech companies reso...
- Swiggy lays off another 350 employees"With the industry still only having recovered to about 50% of its peak, we have to, unfortunately, go ahead with this final realignment ex...
- Swiggy to trim cloud kitchen team, up to 1,000 jobs at riskThe company plans to reduce its monthly cash burn to less than $5 million in the next few quarters from $40 million in May last year to con...
- Swiggy to trim cloud kitchen team, up to 1,000 jobs at riskThe company plans to reduce its monthly cash burn to less than $5 million in the next few quarters from $40 million in May last year to con...
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