The effect of Corona is being felt in India and worldwide as a mega laying off has occurred in the form of Zomato
Food delivery and discovery app which stated that it is laying off 13 percent of its staff.
Deepinder Goyal, founder, and CEO, Zomato, in an email to employees said, "Multiple aspects of our business have changed dramatically over the last couple of months and many of these changes are expected to be permanent. While we continue to build a more focused Zomato, we do not foresee having enough work for all our employees."
The email said, 13 percent of our workforce will be let go. He said, "Over the next couple of days, we will be getting on video calls with impacted employees to walk them through the next steps and help find them jobs as soon as possible. We are going to assure them that we stand by them, and will financially and emotionally support them to the fullest possible extent."
Goyal further wrote, "Our business has been severely affected by the COVID lockdowns. A large number of restaurants have already shut down permanently, and we know that this is just the tip of the iceberg. I expect the number of restaurants to shrink by 25-40 percent over the next 6-12
months. What actually happens, for better or worse, is anybody's guess."
Thus these are the pre indications that how it is going to be tough in the market and one need to find an additional stream of income. Here we can help you become a stock market professional just by using our best intraday tip or Index option tip which helps you not only earn but learn also through our dedicated staff who are helping all the newbie traders to start making money in the stock market.
Deepinder Goyal, founder, and CEO, Zomato, in an email to employees said, "Multiple aspects of our business have changed dramatically over the last couple of months and many of these changes are expected to be permanent. While we continue to build a more focused Zomato, we do not foresee having enough work for all our employees."
The email said, 13 percent of our workforce will be let go. He said, "Over the next couple of days, we will be getting on video calls with impacted employees to walk them through the next steps and help find them jobs as soon as possible. We are going to assure them that we stand by them, and will financially and emotionally support them to the fullest possible extent."
Goyal further wrote, "Our business has been severely affected by the COVID lockdowns. A large number of restaurants have already shut down permanently, and we know that this is just the tip of the iceberg. I expect the number of restaurants to shrink by 25-40 percent over the next 6-12
months. What actually happens, for better or worse, is anybody's guess."
Thus these are the pre indications that how it is going to be tough in the market and one need to find an additional stream of income. Here we can help you become a stock market professional just by using our best intraday tip or Index option tip which helps you not only earn but learn also through our dedicated staff who are helping all the newbie traders to start making money in the stock market.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
