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Zomato fires 540 employees

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New Delhi: Online food delivery chain Zomato Saturday laid off 541 employees or 10% of its total strength as it looks to more automation of jobs. Founded in 2008, Zomato has presence in 24 countries.

The company, however, said it would organise a job fair to help those retrenched find employment and would also extend insurance support to them until January 2020.

Over the last few months, we have seen our technology products and platforms evolve and improve significantly. We have dramatically improved the speed of service resolution, such that now only 7.5% of our orders need support (down from 15% in March), Zomato said in a statement.

All the employees fired on Saturday belonged to Zomato’s head office in Gurugram. Those fired, will get upto four months of severance package.

Over the last few months, improvement in its technology interface across functions has led to a reduction in support-related queries; this has led to several roles becoming redundant, prompting the company to lay off employees.

This has led to certain redundancies across its customer, merchant and delivery partner support teams, the company said. It said the move is not due to any cost-cutting plan as it has hired over 1,200 people in its non-delivery teams and another 400 off-rolls positions.
“We have also created jobs for hundreds of thousands of delivery partners. We are still hiring in our technology, product and data sciences teams,” Zomato said.

This is the second round of layoff by the company in the space of a month. In August, 60 employees in its customer support department were asked to go. Back in 2015, the company had laid-off around 300 employees or 10% of it’s the then staff strength.

The move comes at a time when the National Restaurant Association of India (NRAI) has written to food aggregators charging them with indulging in unfair and anti-competitive practices, which were hurting business for eateries.

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Iconic Bajaj Chetak returns in modern avatar

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New Delhi:  Over 13 years after it ceased production, Bajaj Auto has relaunched its iconic ‘Chetak’ scooter in an electronic configuration. In an event in Delhi on Wednesday, Union Minister Nitin Gadkari and NITI Aayog chief Amitabh Kant sat on two models of the electric Chetak, flanked by Rajiv Bajaj, the head of Bajaj Auto.

“We have decided to move towards electric vehicles (EV) and started its production in September at the Chakan plant,” Rajiv Bajaj, Managing Director, Bajaj Auto said at the event on Wednesday.

The electric scooter market in the country is probably the most viable option for automakers right now, with cars proving to be an expensive proposition to sell. This, however, comes naturally to Bajaj, and according to the company’s chief, “electric vehicles cannot be made at the click of a finger by anyone.”

The company plans to start selling electric scooters (e-scooter) under the Chetak brand January onwards from Pune and then move to Bengaluru; and after gauging the response, expand operations to other locations.

The e-scooter would be rolled out from the company’s Chakan plant and would be retailed from the company’s Pro-Biking dealerships.

The company also plans to export the model to various relevant markets in Europe from next year itself. The Electric Chetak offers a driving range of 95 km in ECO mode and 85 km in SPORTS mode.

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