Job Crisis in Zometo: Currently there is a phase of retrenchment in private jobs. After Twitter and Meta, now online food delivery service provider Zomato has also announced the retrenchment of its employees. The company will reduce its workforce by up to 3%. Let us tell you why the company is doing this.
Retrenchment has already happened
Senior officers resigning
Like Twitter, internal infighting continues in Zomato as well and due to this the company’s co-founder Mohit Gupta has resigned from his post. Apart from these, among those who resigned, New Initiative Head Rahul Ganju and Siddharth Jhawar, head of Interschi Legends Services, has also left the company.
Other companies are also laying off
Ever since Elon Musk bought Twitter, since then, from the IT sector, to social media platforms and now online food delivery, retrenchment is being seen everywhere. Giant IT companies like Microsoft are also engaged in reducing the number of their employees. Apart from this, Unacademy and Byju have also announced about the retrenchment in the country.
According to different companies, Amazon will show the way out to 10,000 people, then Twitter has sent about 3,700 employees home. At the same time, Facebook’s parent company Meta has also announced the exit of more than 11,000 employees. At the same time, the giant IT company Microsoft has also announced an early reduction of 1,000 employees in its staff.