Zomato layoffs; OpenAI’s $300 billion valuationFood delivery major Zomato has asked 500 of its junior-level employees to leave. This and more in today’s ETtech Top 5.
01 Apr, 2025, 07.51 PM IST
RBI's draft rules on fintech SRO; Pixxel unveils mega facilityThe main idea behind the guidelines is to empower the fledgling sector to function and innovate responsibly even in the absence of formal r...
15 Jan, 2024, 07.49 PM IST
Dunzo lays off 300 employees amounting to 30% of its workforceBesides layoffs, Dunzo is also likely to cut about 50% of its dark stores and run only those that can be profitable or are nearing that thr...
06 Apr, 2023, 02.55 PM IST
Food delivery business should grow 10-20X over the next decade: Deepinder GoyalWould have been the same at least for the core of the business that we are in. So Blinkit is something new and I think of the entire busine...
27 Feb, 2023, 11.21 AM IST
PhonePe raises $100 million in fresh funding; Deepinder Goyal dismisses talks of attrition at ZomatoThe fundraise follows PhonePe’s recent change of domicile to India and full separation from the Flipkart group. Flipkart doesn’t own any st...
14 Feb, 2023, 07.15 PM IST
Amazon Air promises faster deliveries in metros; Zomato shuts 10-minute food deliveryAmazon Air, the ecommerce giant’s dedicated cargo airline, has been launched in India with the aim of offering faster deliveries for more p...
23 Jan, 2023, 06.51 PM IST
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...
20 Jan, 2023, 11.30 PM IST
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...
09 Dec, 2022, 01.54 PM IST
Bad news surrounds Zomato, but Street’s faith in turnaround story intactThe shares have corrected 9% in a week, but this is after the stellar gains it made earlier in the month. Net-net, so far in November, the ...
22 Nov, 2022, 11.18 AM IST
Zomato confirms plans to lay off 3% of staff nationwideThe company at present has nearly 3,800 employees. Zomato had last laid off about 520 of their employees which makes up about 13% of its st...
19 Nov, 2022, 08.24 PM IST
Twitter 'un-fires’ dozens of workers; Zomato Pay goes live in some citiesDays after laying off close to half its workforce, Elon Musk’s Twitter has decided to ask dozens of sacked employees to return after realis...
07 Nov, 2022, 07.17 PM IST
Over 32,000 tech workers fired in US, more than 11,000 in India till JulySince April 1 this year, more than 43,000 workers from 342 tech companies/startups have been laid off across the world and over 13% are fro...
01 Aug, 2022, 11.34 AM IST
Zomato restarts hiring via referrals after pandemic layoffsZomato, which is drawing up plans for an IPO later this year, is looking to bring on board 400 people during 2021, mostly via the referral ...
23 Feb, 2021, 04.09 PM IST
Zomato starts ‘Talent Directory’ to help its laid off employees find new jobZomato has created a Zomato Talent Directory for employers to access employee profiles listed on its forum.
31 May, 2020, 10.16 AM IST
Zomato to lay off 13% of its staff as Covid-19 severely impacts food ordering businessZomato has said it will let go of 520 people and undertake up to a 50% pay cut for remainder of the organisation.
15 May, 2020, 09.50 PM IST
Zomato lays off 540 employees from its customer support teamZomato said these jobs will be automated and those laid off will get severance of two to four months.
07 Sep, 2019, 06.10 PM IST
Expected layoffs at Zomato latest sign of turbulence in food-technology industryThe expected layoffs at online restaurant-discovery platform Zomato are only the latest sign of turbulence in the food-technology industry.
19 Oct, 2015, 04.00 AM IST