Zomato Terminates Nearly 5,000 Gig Workers a Month: Deepinder Goyal
The gig economy has been a subject of controversy in recent years, with many workers complaining about unfair working conditions, low wages, and lack of job security. Food delivery giant Zomato has been at the center of this controversy, with its CEO Deepinder Goyal revealing that the company terminates nearly 5,000 gig workers every month. This shocking statement has raised concerns about the treatment of gig workers and the lack of protections they have in the industry.
According to Goyal, the main reason for terminating these workers is due to fraud cases. He made this statement on a podcast, where he discussed the challenges of managing a large workforce of gig workers. He also revealed that around 1.5-2 lakh workers leave voluntarily from Zomato’s 7.5-lakh workforce every month. To replace those exiting, the company onboards a similar number of new workers monthly.
Goyal’s statement came days after gig workers went on strike during New Year’s Eve over unfavorable working conditions. The strike highlighted the growing discontent among gig workers, who are demanding better pay, benefits, and job security. The strike was a significant blow to Zomato, as it resulted in a significant disruption to its services during one of the busiest nights of the year.
The termination of 5,000 gig workers every month is a staggering number, and it raises concerns about the lack of job security in the gig economy. Many gig workers rely on platforms like Zomato to make a living, and the constant fear of being terminated can be stressful and debilitating. The fact that Zomato is terminating workers mainly due to fraud cases also raises questions about the company’s screening and verification processes.
Goyal’s statement also highlights the high turnover rate of gig workers in the industry. With around 1.5-2 lakh workers leaving voluntarily every month, it is clear that many gig workers are not satisfied with their working conditions and are seeking better opportunities elsewhere. This high turnover rate can be costly for companies like Zomato, as it requires them to constantly recruit and train new workers.
The strike by gig workers during New Year’s Eve was a wake-up call for companies like Zomato, which have been accused of exploiting their workers. The strike highlighted the need for better working conditions, fair pay, and job security for gig workers. It also highlighted the need for companies to take the concerns of their workers seriously and to work towards creating a more sustainable and equitable work environment.
In recent years, there has been a growing trend of gig workers organizing and demanding better working conditions. This trend is expected to continue, as more and more workers become aware of their rights and demand fair treatment. Companies like Zomato will need to adapt to this changing landscape and work towards creating a more sustainable and equitable work environment for their workers.
The Indian government has also been taking steps to regulate the gig economy and protect the rights of workers. The government has introduced new laws and regulations that require companies to provide better working conditions, fair pay, and job security for their workers. These regulations are expected to have a significant impact on the gig economy, and companies like Zomato will need to comply with them in order to avoid penalties and fines.
In conclusion, the termination of nearly 5,000 gig workers every month by Zomato is a shocking revelation that highlights the lack of job security in the gig economy. The high turnover rate of gig workers and the constant fear of being terminated can be stressful and debilitating. The strike by gig workers during New Year’s Eve was a wake-up call for companies like Zomato, which have been accused of exploiting their workers. As the gig economy continues to grow and evolve, it is essential that companies prioritize the well-being and safety of their workers and work towards creating a more sustainable and equitable work environment.
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https://www.newsbytesapp.com/news/business/zomato-terminates-5-000-employees-monthly-over-fraud/story
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