Exclusive: Swiggy may fire 250 employees in December, more ...
30 October 2024
Food and grocery delivery company Swiggy is laying off up to 250 employees this month, which is about 3-5% of its workforce, five people aware of the development told ET.
Two of the sources said the layoffs could go beyond 250 in coming months while another said people across supply chain, operations, customer service and technology roles will be affected. Swiggy in an emailed response told ET that there have been no layoffs yet, but did not rule out any firing this month or the near future.
“We concluded our performance cycle in October and have announced ratings and promotions at all levels. As with every cycle, we expect exits based on performance,” Swiggy said in response to a query sent by ET.
Food and grocery delivery company Swiggy is laying off up to 250 employees this month, which is about 3-5% of its workforce, five people aware of the development told ET. Two of the sources said the layoffs could go beyond 250 in coming months while another said people across supply chain, operations, customer service and technology roles will be affected. Swiggy in an emailed response told ET that there have been no layoffs yet, but did not rule out any firing this month or the near future. “We concluded our performance cycle in October and have announced ratings and promotions at all levels. As with every cycle, we expect exits based on performance,” Swiggy said in response to a query sent by ET.
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