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 making headlines lately. In a recent podcast, Zomato’s 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, around 1.5-2 lakh workers leave Zomato voluntarily from its 7.5-lakh workforce every month. This is a significant number, and it raises questions about the reasons behind such a high turnover rate. The company also onboards a similar number of workers monthly to replace those exiting, which means that there is a constant influx of new workers joining the platform. However, the fact that so many workers are leaving voluntarily every month suggests that there may be some underlying issues with the working conditions or the overall experience of working with Zomato.
Goyal’s statement came days after gig workers went on strike during New Year’s Eve over unfavourable working conditions. The strike was a significant event, and it highlighted the concerns and frustrations of gig workers in the industry. The workers were demanding better pay, more benefits, and improved working conditions, which suggests that there is a need for companies like Zomato to re-evaluate their treatment of gig workers.
The termination of 5,000 gig workers every month is a significant number, and it raises questions about the reasons behind such a high rate of termination. According to Goyal, most of these terminations are due to fraud cases, which suggests that there may be some issues with the way that Zomato is managing its workforce. The company needs to ensure that it is providing a fair and transparent working environment for all its workers, and that it is taking steps to prevent fraud and other forms of misconduct.
The gig economy is a complex and evolving industry, and companies like Zomato need to be aware of the challenges and concerns of their workers. The fact that so many workers are leaving voluntarily every month, and that there are concerns about working conditions and treatment, suggests that there is a need for Zomato to re-evaluate its approach to managing its workforce. The company needs to ensure that it is providing a positive and supportive working environment for all its workers, and that it is taking steps to address the concerns and frustrations of its gig workers.
In recent years, there have been many debates and discussions about the gig economy and the treatment of gig workers. Many companies have been criticized for their treatment of gig workers, and there have been calls for greater regulation and protection of workers’ rights. The fact that Zomato is terminating 5,000 gig workers every month, mainly due to fraud cases, suggests that there may be some underlying issues with the way that the company is managing its workforce.
The strike by gig workers during New Year’s Eve was a significant event, and it highlighted the concerns and frustrations of gig workers in the industry. The workers were demanding better pay, more benefits, and improved working conditions, which suggests that there is a need for companies like Zomato to re-evaluate their treatment of gig workers. The company needs to ensure that it is providing a fair and transparent working environment for all its workers, and that it is taking steps to address the concerns and frustrations of its gig workers.
In conclusion, the termination of 5,000 gig workers every month by Zomato is a significant issue that needs to be addressed. The company needs to ensure that it is providing a positive and supportive working environment for all its workers, and that it is taking steps to prevent fraud and other forms of misconduct. The gig economy is a complex and evolving industry, and companies like Zomato need to be aware of the challenges and concerns of their workers. By providing a fair and transparent working environment, and by taking steps to address the concerns and frustrations of its gig workers, Zomato can help to create a more positive and supportive working environment for all its workers.
The fact that Zomato is onboarding a similar number of workers monthly to replace those exiting suggests that there is a constant influx of new workers joining the platform. However, the fact that so many workers are leaving voluntarily every month raises questions about the reasons behind such a high turnover rate. The company needs to ensure that it is providing a positive and supportive working environment for all its workers, and that it is taking steps to address the concerns and frustrations of its gig workers.
The gig economy is a significant sector of the economy, and it is likely to continue to grow and evolve in the coming years. Companies like Zomato need to be aware of the challenges and concerns of their workers, and they need to take steps to provide a fair and transparent working environment for all their workers. By doing so, they can help to create a more positive and supportive working environment, and they can help to ensure that their workers are treated with dignity and respect.
In the end, the termination of 5,000 gig workers every month by Zomato is a significant issue that needs to be addressed. The company needs to ensure that it is providing a positive and supportive working environment for all its workers, and that it is taking steps to prevent fraud and other forms of misconduct. By providing a fair and transparent working environment, and by taking steps to address the concerns and frustrations of its gig workers, Zomato can help to create a more positive and supportive working environment for all its workers.
News Source: https://www.newsbytesapp.com/news/business/zomato-terminates-5-000-employees-monthly-over-fraud/story