Swiggy Lays Off 380 Employees, CEO Calls Overhiring Case of 'Poor Judgement'

Swiggy Lays Off 380 Employees, CEO Calls Overhiring Case of 'Poor Judgement'
Swiggy on Friday announced that it had laid off 380 employees, as Co-Founder and CEO Sriharsha Majety said the growth rate for food delivery has slowed down versus the company's projections. The firm has offered a cash payout ranging from three to six months based on the affected employees' tenure and grade.

* This article was originally published here

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