Indian food delivery startup Zomato cuts 13% of workforce

Zomato, an India-headquartered food delivery startup, is cutting 13% of its workforce as it looks to reduce cost and tide the coronavirus crises that has made many cautious about ordering food online.
The 11-year-old firm did not disclose the exact number of people it was letting go, but the number is above 500. A Zomato spokesperson told TechCrunch that the startup employs about 4,000 people and the layoff impacts its workforce globally. (Zomato offers its food discovery and review service in dozens of markets.)
Zomato, which laid off about 540 employees from its customer team in September last year, said it would provide those affected with half of their salaries for six months or until they find a job elsewhere — whichever happens first. Those employees who were hired by manpower agencies and were not on the payroll will be provided with two months of severance, the startup said.
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