Close Menu
    Facebook X (Twitter) Instagram
    • Our Story
    • Partner with us
    • Reach Us
    • Career
    Subscribe Newsletter
    HR KathaHR Katha
    • Exclusive
      • Exclusive Features
      • Research
      • Point Of View
      • Case In Point
      • Dialogue
      • Movement
      • Profile
      • Beyond Work
      • Rising Star
      • By Invitation
    • News
      • Global HR News
      • Compensation & Benefits
      • Diversity
      • Events
      • Gen Y
      • Hiring & Firing
      • HR & Labour Laws
      • Learning & Development
      • Merger & Acquisition
      • Performance Management & Productivity
      • Talent Management
      • Tools & Technology
      • Work-Life Balance
    • Special
      • Cover Story
      • Editorial
      • HR Forecast 2024
      • HR Forecast 2023
      • HR Forecast 2022
      • HR Forecast 2021
      • HR Forecast 2020
      • HR Forecast 2019
      • New Age Learning
      • Coaching and Training
      • Learn-Engage-Transform
    • Magazine
    • Reports
      • Whitepaper
        • HR Forecast 2024 e-mag
        • Future-proofing Manufacturing Through Digital Transformation
        • Employee Healthcare & Wellness Benefits: A Guide for Indian MSMEs
        • Build a Future Ready Organisation For The Road Ahead
        • Employee Experience Strategy
        • HRKatha 2019 Forecast
        • Decoding and Driving Employee Engagement
        • One Platform, Infinite Possibilities
      • Survey Reports
        • Happiness at Work
        • Upskilling for Jobs of the Future
        • The Labour Code 2020
    • Conferences
      • Rising Star Leadership Awards
      • HRKatha Futurecast
      • Automation.NXT
      • The Great HR Debate
    • HR Jobs
    WhatsApp LinkedIn X (Twitter) Facebook Instagram
    HR KathaHR Katha
    Home»News»Compensation & Benefits»Zomato employees to voluntarily take pay cuts
    Compensation & Benefits

    Zomato employees to voluntarily take pay cuts

    HRK News BureauBy HRK News BureauMarch 26, 2020Updated:March 26, 20202 Mins Read3462 Views
    Share LinkedIn Twitter Facebook
    Share
    LinkedIn Twitter Facebook

    As COVID-19 continues to spread across borders, destroying various industries in its wake, restaurants and the hospitality business have taken a deep hit. According to Deepinder Goyal, CEO, Zomato, the dining-out business has been badly hit in many countries, owing to the virus outbreak and the lockdown. In a series of tweets, Goyal claims that hundreds of Zomato employees will be taking voluntary pay cuts to conserve cash and donate towards its ‘delivery partner fund’, as well as the ‘Feed the Daily Wager’ campaign.

    Apart from talking about how the business has been affected by the lockdown, Goyal also announced several measures to help Zomato customers and partners. “All-paid Zomato Gold members across India, the UAE, Australia, Indonesia, Philippines, Lebanon, Turkey, New Zealand, Portugal and Qatar will get a two-month membership extension at zero cost,” he wrote in another tweet.

    For its Gold partners (dining out), the Company said it will facilitate working capital loans to get through this tough time. Zomato will also facilitate loans for its food-delivery restaurant partners, who have been severely hit because of this lockdown.

    Acknowledging the problems faced by its fleet of more than 2.3 lakh delivery riders, Zomato is launching a fund to cover their lost earnings. While details are not announced yet, Goyal said they are expecting the Government’s support for this initiative.

    COVID-19 deepinder goyal layoff salaries new schemes voluntary layoff Zomato zomato gold
    Share. LinkedIn Twitter Facebook
    HRK News Bureau

    Leave A Reply Cancel Reply

    19 + 19 =

    Related Posts

    4th round of layoffs to begin at Microsoft

    June 25, 2025

    NMDC to empower tribal youth with professional skills for livelihood

    June 25, 2025

    Hyundai Motor India nears new wage agreement with recognised union

    June 24, 2025

    Marriage leave among other HR reforms for Sharjah government employees

    June 24, 2025

    QUICK HR INSIGHTS

    EDITOR'S PICKS

    The invisible crisis: why workers are quietly checking out

    June 24, 2025

    How corporate culture change dies a thousand small deaths

    June 23, 2025

    The Great Displacement: How automation is reshaping India’s workforce

    June 20, 2025

    How corporate prejudices are strangling innovation in the workplace

    June 19, 2025
    Latest Post

    4th round of layoffs to begin at Microsoft

    Global HR News June 25, 2025

    Next week will be witness to more layoffs at Microsoft. This round of job cuts…

    Pooja Joshi transitions to senior director, HRBP, Qualcomm

    Movement June 25, 2025

    Pooja Joshi has been elevated to senior director, HRBP, Qualcomm. As she says in her…

    NMDC to empower tribal youth with professional skills for livelihood

    Learning & Development June 25, 2025

    National Mineral Development Corporation (NMDC), the Indian iron ore producer, is inviting applications for its…

    Hyundai Motor India nears new wage agreement with recognised union

    News June 24, 2025

    Hyundai Motor India (HMIL), the passenger car manufacturer, is set to finalise a new long-term…

    Asia's No.1 HR Platform

    Facebook X (Twitter) Instagram LinkedIn WhatsApp Bluesky
    • Our Story
    • Partner with us
    • Career
    • Reach Us
    • Exclusive Features
    • Cover Story
    • Editorial
    • Dive into the Future of Work: Download HRForecast 2024 Now!
    © 2025 HRKatha.com
    • Disclaimer
    • Refunds & Cancellation Policy
    • Terms of Service

    Type above and press Enter to search. Press Esc to cancel.