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 staffing 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 news comes as a shock to many, especially considering the large number of workers affected. According to Goyal, around 1.5-2 lakh workers also 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. This high turnover rate raises questions about the working conditions and treatment of gig workers in the company.
Goyal’s statement came days after gig workers went on strike during New Year’s Eve over unfavourable working conditions. The strike highlighted the struggles faced by gig workers, who often lack job security, benefits, and fair compensation. The fact that Zomato terminates thousands of workers every month due to fraud cases suggests that the company may be taking a strict approach to managing its workforce.
The gig economy has been criticized for exploiting workers, who are often classified as independent contractors rather than employees. This classification allows companies to avoid providing benefits, paid time off, and other perks that traditional employees enjoy. Gig workers are also often subject to unpredictable schedules, low pay, and limited job security.
Zomato’s high turnover rate and termination of thousands of workers every month may be a symptom of a larger problem. The company’s reliance on gig workers may be contributing to the exploitation of these workers, who are often desperate for employment and willing to accept unfavourable conditions.
The strike by gig workers on New Year’s Eve was a cry for help, a desperate attempt to bring attention to the struggles faced by these workers. The fact that Zomato terminates thousands of workers every month due to fraud cases suggests that the company may be more concerned with protecting its interests than with treating its workers fairly.
The gig economy is a complex issue, and there are no easy solutions. However, companies like Zomato must take responsibility for their treatment of gig workers. This includes providing fair compensation, benefits, and job security. It also means creating a safe and respectful work environment, where workers are valued and protected.
As the gig economy continues to grow, it is essential that companies prioritize the well-being of their workers. This may involve reclassifying gig workers as employees, providing benefits and job security, and creating a more stable and predictable work environment.
In conclusion, Zomato’s termination of nearly 5,000 gig workers every month is a concerning trend that highlights the struggles faced by these workers. The company’s high turnover rate and reliance on gig workers may be contributing to the exploitation of these workers, who are often desperate for employment and willing to accept unfavourable conditions.
As we move forward, it is essential that companies like Zomato prioritize the well-being of their workers. This includes providing fair compensation, benefits, and job security. It also means creating a safe and respectful work environment, where workers are valued and protected.
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