After Zomato, Swiggy to fire 250 employees this December

Bengaluru-based food delivery platform Swiggy is reportedly firing over 250 employees this December.

The layoffs would happen across operations, technology, customer service, and supply chain verticals that would contribute to about 3-5% of its workforce.

During a recently finished town hall, Swiggy's head of human resources, Girish Menon, reportedly notified staff members about the performance-based exits. According to the source, the corporation has begun restructuring its teams.

Swiggy is just the most recent business to announce layoffs in the face of a challenging funding environment. Its competitor Zomato announced last month also announced that it will be firing 3% of its workers.

Earlier this week Swiggy also closed its cloud-kitchen brand The Bowl Company.