Zomato founder and CEO Deepinder Goyal said on Friday that there will be 13% layoff of employees and half pay cut of the employees salary.
The lockdown has literally created such a situation that everything has sunk in from economy to business and every thing.
Seeing such a state and due to the affect of lockdown, they have taken this step.
For six months that is starting from June, this rule will be enforced, where people who are even given lay offs.
Half salary and health insurance assistance will be given at least till 6 months till they find something new.
And this situation will only get better, once the economy comes in a afloat state.
Currently the situation doesn’t seem at all favourable.