FoodIN

Zomato Layoffs

May 2020

Zomato announced a layoff affecting 520 employees (13% of its workforce) in May 2020. The company operates in the Food sector.

People Affected

520

Percentage

13%

Announced Date

May 15, 2020

About

In mid-May, Zomato, an India-based restaurant guide and food delivery startup, laid off 520 employees, which represents about 13% of its workforce. This significant reduction was a direct response to huge declines in food delivery activity. The company also implemented temporary pay cuts for remaining staff starting in June. To support those affected, Zomato created an official talent directory to help ex-employees connect with new opportunities, a move echoed by other major startups.