Zomato Layoffs
November 2022
Zomato announced a layoff affecting 100 employees (4% of its workforce) in November 2022. The company operates in the Food sector.
100
4%
Nov 19, 2022
About
Zomato, the Gurugram-based food delivery and restaurant aggregator, has initiated layoffs impacting at least 100 employees, which represents about 4% of its workforce. The job cuts, reported in November 2022, are part of a cost-cutting effort to steer the company toward profitability amid a broader funding crunch affecting Indian startups. The layoffs have affected roles across product, technology, catalogue, and marketing departments, particularly those deemed redundant, while supply chain roles were spared. This move follows a series of high-level executive departures and the discontinuation of Zomato's food delivery service in the UAE, reflecting a period of strategic restructuring for the company.
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