Mumbai, 19/11: Joining big tech companies and startups across the world, food aggregator Zomato started cutting jobs across functions in a bid to cut costs, Monyecontrol reported.
Sources told the publication that at least 100 employees have been laid off already across product, tech and marketing departments, as the company aims to be more profitable. The company will lay off at least 4 per cent of its employees, the report said.
“These roles had become redundant as these employees who were mostly from mid-to-senior roles were working when the product was being revamped. Now that the product work is over, they have been let go,” a source is quoted as saying in the report.