Summary: Zomato has laid off approximately 600 employees, or 10% of its workforce, as part of its increased reliance on AI and automation to streamline operations. The move comes amid a slowdown in growth and rising competition in the quick commerce sector. The company’s net profit dropped 57% in Q3 2024 due to higher expenses …
Sai Jyothi
Sai Jyothi is a passionate writer specializing in business and startup topics. With a deep interest in entrepreneurship and innovation, Jyothi provides valuable insights into the world of startups, growth strategies, and business trends. Jyothi’s writing delves into the challenges and opportunities faced by startups, offering guidance on topics such as business growth, fundraising, leadership, and market trends. Her work is informed by her passion for innovation, her curiosity about emerging industries, and her deep understanding of what it takes to build and scale a successful business. Jyothi is a graduate from ICFAI University, Hyderabad.