MUMBAI: Swiggy and Flipkart are shedding workers, including to the woes of the startup sector which has been grappling with a funding winter.
Swiggy is letting go of about 350-400 workers or round 7% of its workforce because it makes an attempt to examine prices and transfer in direction of profitability, sources stated. Flipkart can be letting go of some 1,000 workers or 5% of the workforce as a part of its annual efficiency assessment course of, sources stated.
Swiggy tech groups and a bit of the client care division would be the most impacted by the transfer, sources stated. That is the second spherical of layoffs on the agency which is making ready to get listed on the bourses. In Jan final 12 months, Swiggy had lower 380 jobs.
Swiggy is letting go of about 350-400 workers or round 7% of its workforce because it makes an attempt to examine prices and transfer in direction of profitability, sources stated. Flipkart can be letting go of some 1,000 workers or 5% of the workforce as a part of its annual efficiency assessment course of, sources stated.
Swiggy tech groups and a bit of the client care division would be the most impacted by the transfer, sources stated. That is the second spherical of layoffs on the agency which is making ready to get listed on the bourses. In Jan final 12 months, Swiggy had lower 380 jobs.
