Zomato has laid off around 500-600 customer support employees due to non-performance and is leaning on AI to automate job functions. Impacted employees claimed they were terminated without notice. The layoffs come as Zomato reports a significant drop in profits and continues its expansion into quick commerce. The company recently approved new stock options for eligible employees.
Top stock market recommendations: Aakash K Hindocha from Nuvama suggests buying Indigo, Jindal Steel, and Medanta. Nifty shows signs of recovery after 10 days of […]
Economists and market analysts believe that a return of Donald Trump to the White House could bring both opportunities and challenges for the Indian market. […]
Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Friday. While BSE Sensex was above 76,700, Nifty50 was above […]
