Bengaluru, NFAPost: Joining the long list of Indian startups that have been trimming their headcount to cut costs amid the unrelenting funding winter, food delivery giant Swiggy is likely to lay off 400 employees, or around 6% of its total workforce, as part of a corporate realignment process.
The layoffs could impact employees across departments, but the customer support and tech teams took the hardest hit, sources told Inc42.
They added that the company began the restructuring drive last month in its Bengaluru office and it is still ongoing. It is likely to impact employees across sales, customer service, and tech teams.
The sources added that there are apprehensions that Swiggy might cut further roles in the tech and sales teams. “Those employees who came at a very high salary are being shown the door,” one of the sources said.
A questionnaire sent to Swiggy on the development didn’t elicit any response till the time of publishing this story.
