Pune, May 18, 2020: While COVID -19 has resulted in a declining economy, all industries have been affected. The food industry has also been affected, and several food delivery platforms have cut the salary of workers or have laid the employees off.
Similarly, Swiggy today terminated jobs of 1100 employees as Covid-19 proceeds to damage its market. “All the employees will receive at least three months of salary, irrespective of their notice period or tenure, said Sriharsha Majety, Co-founder and CEO of Swiggy Food Delivery app.
Swiggy also added that if someone’s notice period is three months and they’ve spent five years with the company, they will get eight months of salary. “For every year they have spent with us, we will be offering an extra month of ex-gratia in addition to their notice period pay, working out to between 3-8 months of salary depending on the tenure,” stated Majety.
The company also said that al the employees would be laid off through Video calls arranged by the HR department. “The biggest impact here is on the Cloud kitchens business, with many unknowns about volumes through the year. Since the onset of Covid-19, we have already begun the process of shutting down our kitchen facilities temporarily or permanently, depending on their outlook and profitability profile,” Majety told the employees.
Besides last week Zomato declared to lay off nearly 13 per cent of its workforce — over 600 employees. “The food business has been severely impacted for a short term”, said Swiggy CEO. Furthermore, “Medical Insurance cover for them and nominated family members till December 31 2020. Additionally, we will also be providing insurance cover for their parents”, confirmed Swiggy on the official website.
Moreover, “We will have a dedicated and fully-trained talent acquisition team assisting impacted employees round the clock in identifying suitable opportunities and providing necessary career support for the next three months,” summed the Swiggy CEO.