Indias Swiggy to cut 1,100 jobs, scale down cloud kitchen operations

Swiggy said on Monday it is cutting 1,100 jobs and scaling down some adjacent businesses as Indias top food delivery startup looks to reduce costs to survive the coronavirus pandemic that has made people cautious about ordering food online.
In an internal email, which the Bangalore-headquartered startup published on its blog, Swiggy co-founder and chief executive Sriharsha Majety said the startups core food business had been severely impacted.
The startup is currently processing fewer than a million orders a day on its platform, down from nearly 3 million it was handling before the outbreak, people familiar with the matter told TechCrunch.
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