FoodIN

Swiggy Layoffs

December 2022

Swiggy announced a layoff affecting 250 employees (3% of its workforce) in December 2022. The company operates in the Food sector.

People Affected

250

Percentage

Announced Date

Dec 8, 2022

About

Food delivery giant Swiggy is laying off approximately 250 employees, representing about 3-5% of its total workforce. The cuts, reported in late 2022, impact roles across supply chain, operations, customer service, and technology. This performance-related restructuring occurs as Swiggy faces intense competition, with rival Zomato holding a 55% market share. The company is also taking steps to reduce costs and cash burn, including scaling back its quick commerce expansion. These layoffs are part of a broader trend in the Indian foodtech and startup industry, which saw significant workforce reductions that year.