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International Business Times
International Business Times
Marvie Basilan

Indian Foodtech Startup Swiggy To Cut 6% Of Staff Ahead Of Planned IPO

Swiggy cut around the same number of jobs in January 2023. (Credit: Swiggy website)

KEY POINTS

  • Between 350-400 workers will be laid off after last year's cuts
  • Some executives are expected to be affected by the layoffs
  • Tech teams and customer support will reportedly be hit the hardest

Swiggy, an Indian foodtech startup looking to go public later this year, will cut around 6% of its workforce, Indian newspaper ET first reported Thursday, citing people aware of the matter.

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