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The cuts, which will impact about 6% of its 5,500 to 6,000 staff, will most likely happen across teams like technology, call centre, and corporate roles. As per briefs given to senior leaders in the firm, the layoffs are expected to kick in over the next few weeks.
Zomato has proposed to acquire the company for about USD 2 billion, the report said, adding that no final decision has been made.
India Business News: Zomato's loyalty programme, Gold, has been driving volumes for the company. However, analysts and experts believe that the programme needs adjustments
Twitter was left divided after Zomato most recent ad campaign where they featured a character from the legendary Bollywood movie Lagaan.
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