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India's Swiggy to lay off 1,100 employees as COVID-19 hits online food orders

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. [Source]

Publication Date:

Origin: reuters.com

Category: technologyNews

Topics: online, employees, Swiggy, ordering, demand, outbreak, coronavirus, lockdown, nationwide, weeks-long, costs, workforce, nearly, would, startup, delivery, Indian, orders, COVID-19, India's

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/vpjBfLNQzJU/indias-swiggy-to-lay-off-1100-employees-as-covid-19-hits-online-food-orders-idUSKBN22U0UP