Zomato terminates nearly 5,000 gig workers a month: Deepinder Goyal
In a recent podcast, Zomato’s CEO Deepinder Goyal dropped a bombshell when he revealed that the food delivery giant terminates nearly 5,000 gig workers every month. The primary reason for this massive layoffs, according to Goyal, is fraud cases. This statement comes at a time when the company is already facing backlash from its gig workers, who went on strike during New Year’s Eve to protest against unfavourable working conditions.
To put things into perspective, Zomato has a massive workforce of 7.5 lakh gig workers, who are the backbone of the company’s operations. However, it seems that a significant chunk of these workers are either leaving voluntarily or being terminated by the company every month. Goyal revealed that around 1.5-2 lakh workers leave the company voluntarily every month, which is a staggering number. But what’s even more surprising is that the company is able to replace these workers with a similar number of new ones, ensuring that its operations remain unaffected.
The reason for this high turnover rate is not just limited to voluntary exits. As mentioned earlier, Zomato terminates nearly 5,000 gig workers every month, mainly due to fraud cases. This suggests that the company is facing a significant challenge in terms of ensuring the integrity of its workforce. While the company has not revealed the exact nature of these fraud cases, it is likely that they are related to issues such as fake orders, theft, or other forms of malpractice.
The fact that Zomato is able to onboard a similar number of new workers every month to replace those exiting is a testament to the company’s robust hiring process. However, it also raises questions about the working conditions and benefits offered to these workers. If a large number of workers are leaving the company voluntarily every month, it suggests that there may be some underlying issues that need to be addressed.
The strike by gig workers during New Year’s Eve was a clear indication of the unrest among Zomato’s workforce. The workers were protesting against unfavourable working conditions, including low wages, long working hours, and lack of benefits. The fact that the company is terminating nearly 5,000 workers every month due to fraud cases adds a new dimension to this issue. It suggests that the company may be taking a tough stance against workers who are found to be indulging in malpractice, but it also raises questions about the support and resources provided to workers to prevent such incidents from occurring in the first place.
In recent years, the gig economy has faced intense scrutiny over the working conditions and benefits offered to workers. Companies like Zomato, Uber, and Ola have been at the forefront of this debate, with many arguing that they are exploiting workers by not providing them with adequate benefits and job security. The fact that Zomato is terminating nearly 5,000 workers every month due to fraud cases will only add fuel to this fire, and the company will need to take steps to address these concerns and improve the working conditions of its workforce.
In conclusion, the revelation that Zomato terminates nearly 5,000 gig workers every month is a significant one, and it highlights the challenges faced by the company in terms of ensuring the integrity of its workforce. While the company’s ability to onboard new workers every month is a testament to its robust hiring process, it also raises questions about the working conditions and benefits offered to these workers. As the debate around the gig economy continues to intensify, companies like Zomato will need to take steps to address the concerns of their workers and provide them with better working conditions and benefits.
News Source: https://www.newsbytesapp.com/news/business/zomato-terminates-5-000-employees-monthly-over-fraud/story
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