Zomato terminates nearly 5,000 gig workers a month: Deepinder Goyal
The gig economy has been a topic of discussion in recent years, with many companies relying on temporary or contract workers to carry out their operations. One such company is Zomato, a popular food delivery platform that has been making headlines recently due to the termination of its gig workers. In a recent podcast, Zomato CEO Deepinder Goyal revealed that the company terminates nearly 5,000 gig workers every month, mainly due to fraud cases. This statement has sparked a lot of debate and discussion about the working conditions and treatment of gig workers in the industry.
According to Goyal, the company has a workforce of around 7.5 lakh workers, and around 1.5-2 lakh workers leave voluntarily every month. To replace these workers, the company onboards a similar number of new workers every month. This high turnover rate is not unique to Zomato, as many companies in the gig economy face similar challenges. However, the fact that nearly 5,000 workers are being terminated every month due to fraud cases raises some concerns about the company’s hiring and training processes.
The statement from Goyal came just days after gig workers went on strike during New Year’s Eve over unfavourable working conditions. The strike was called by a group of workers who were demanding better pay, more benefits, and improved working conditions. The strike highlighted the struggles faced by gig workers, who often have to work long hours for low pay and without any benefits or job security. The fact that Zomato is terminating nearly 5,000 workers every month due to fraud cases suggests that the company may not be doing enough to support its workers and prevent such incidents.
The issue of gig workers’ rights has been a topic of discussion globally, with many countries implementing laws and regulations to protect the rights of these workers. In India, the government has introduced several initiatives to support gig workers, including the introduction of a social security scheme for gig workers. However, more needs to be done to address the challenges faced by gig workers, including low pay, lack of benefits, and job insecurity.
Zomato’s decision to terminate nearly 5,000 workers every month due to fraud cases also raises questions about the company’s hiring and training processes. The company needs to ensure that it is hiring the right people for the job and providing them with adequate training and support to prevent such incidents. Additionally, the company needs to have a fair and transparent process for terminating workers, to ensure that workers are not unfairly targeted or penalized.
The gig economy is a complex and challenging sector, and companies like Zomato need to navigate these challenges carefully. While the company may be terminating nearly 5,000 workers every month due to fraud cases, it is also important to recognize the contributions made by gig workers to the company’s success. Gig workers are the backbone of the gig economy, and companies need to treat them with respect and dignity.
In conclusion, the termination of nearly 5,000 gig workers every month by Zomato is a concerning trend that highlights the challenges faced by workers in the gig economy. The company needs to take steps to support its workers, prevent fraud cases, and ensure that workers are treated fairly and with respect. The government also needs to play a role in protecting the rights of gig workers and ensuring that they have access to fair pay, benefits, and job security.
As the gig economy continues to grow and evolve, it is essential that companies like Zomato prioritize the well-being and dignity of their workers. This includes providing fair pay, benefits, and job security, as well as ensuring that workers have access to training and support to help them succeed in their roles. By taking these steps, companies can help to create a more sustainable and equitable gig economy that benefits both workers and businesses.
The issue of gig workers’ rights is a complex and multifaceted one, and there is no easy solution. However, by working together, companies, governments, and workers can help to create a better future for gig workers and ensure that they are treated with the respect and dignity they deserve.
News Source: https://www.newsbytesapp.com/news/business/zomato-terminates-5-000-employees-monthly-over-fraud/story
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