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 fulfill their workforce needs. One such company is Zomato, a popular food delivery platform that has been in the news lately for its treatment of gig workers. In a recent podcast, Zomato CEO Deepinder Goyal revealed that the company terminates nearly 5,000 gig workers every month, primarily 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, 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 workers monthly. This high turnover rate is not surprising, given the nature of gig work, which is often characterized by flexibility and freedom. However, the fact that 5,000 workers are being terminated every month due to fraud cases raises some concerns about the company’s policies and procedures.
The statement from Goyal came days after gig workers went on strike during New Year’s Eve, protesting against unfavourable working conditions. The strike was a result of a long-standing dispute between the workers and the company, with workers demanding better pay, more benefits, and improved working conditions. The fact that Zomato is terminating thousands of workers every month due to fraud cases suggests that there may be some underlying issues with the company’s systems and processes that need to be addressed.
Goyal’s statement has sparked a lot of discussion on social media, with many people expressing concern about the treatment of gig workers. Some have argued that the company’s policies are too harsh and that workers are not being given enough support or resources to succeed. Others have pointed out that the high turnover rate is a natural consequence of the gig economy, where workers are free to come and go as they please.
However, the fact remains that Zomato’s treatment of gig workers is a matter of concern. The company’s reliance on temporary workers has been criticized by many, who argue that it is a way for the company to avoid providing benefits and job security to its workers. The fact that 5,000 workers are being terminated every month due to fraud cases suggests that there may be some underlying issues with the company’s systems and processes that need to be addressed.
In recent years, there have been many cases of gig workers being exploited by companies, with workers being forced to work long hours for low pay and without any benefits. The gig economy has been criticized for perpetuating inequality and exploiting workers, who are often not given the same rights and protections as traditional employees.
Zomato’s treatment of gig workers is not an isolated incident, and it highlights the need for better regulation and protection of workers in the gig economy. The company’s high turnover rate and reliance on temporary workers suggests that there may be some underlying issues with its policies and procedures that need to be addressed.
In conclusion, the fact that Zomato terminates nearly 5,000 gig workers every month due to fraud cases is a matter of concern. The company’s treatment of gig workers highlights the need for better regulation and protection of workers in the gig economy. As the gig economy continues to grow and evolve, it is essential that companies like Zomato prioritize the well-being and safety of their workers, and provide them with the support and resources they need to succeed.
The incident also raises questions about the accountability of companies like Zomato, which rely heavily on gig workers to fulfill their workforce needs. The fact that thousands of workers are being terminated every month due to fraud cases suggests that there may be some underlying issues with the company’s systems and processes that need to be addressed.
Ultimately, the treatment of gig workers is a matter of concern that requires attention and action from companies, governments, and regulatory bodies. As the gig economy continues to grow and evolve, it is essential that we prioritize the well-being and safety of workers, and provide them with the support and resources they need to succeed.
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