Bengaluru, May 18: Indian food delivery startup Swiggy said on Monday it would lay off 1,100 employees, or nearly 14% of its workforce, to cut costs, as a weeks-long nationwide lockdown to curb the coronavirus outbreak hits demand for online food ordering.
The company, backed by South African internet giant Naspers, also said it will scale down adjacent businesses and has already shut several of its cloud kitchens - facilities that only cater to takeaway orders - temporarily or permanently.
“The core food delivery business has been severely impacted and will stay impacted over the short term, but is expected to start growing again after that,” said Sriharsha Majety, co-founder and chief executive at Bengaluru-based Swiggy.
Swiggy, one of India’s best known startups, is among many that are laying off employees and reshaping their business in response to the COVID-19 pandemic, which has forced 1.3 billion Indians indoors and crippled business.
India is currently under a two-month lockdown, and though several curbs are being eased, public places such as restaurants remain closed, hurting restaurants themselves as well as companies such as Swiggy and main rival Zomato.
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Media is giving half report. As this issue relates to bjp, hired media is not giving true figure of explosives + ammunitions seized. There is a report that scores of weapons and bags full of explosives are seized but media is showing only 10 percent of it. Even the inspectors are hiding the figure. However, we common man wants to know the fact. We want to know reason why bjp offices are turned into godown of ammunitiions, explosives, evm machines, ballot papers, voter id cards, adhaar cards etc etc. Why investigating agencies are shut their mouth.
If this news is true then why he not called terrorist.
What type of award central govt will give. For such offenders and to their god fathers a strict punishment must given. Don't spare , for pocessing arms and amuntion remember Sunjay Dut case. All must deported from Maharashtra to Andaman for ever.
Real face of BJP/RSS party
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