Swiggy lays off another 350 employees, Calls it ‘Final Realignment Exercise’
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Indian foodtech unicorn Swiggy has laid off 350 executives, two months after it laid off 1,100 employees across departments. With its food delivery business witnessing a decline in revenues amid the pandemic, the company said it has had to undertake a realignment exercise. Yesterday, a report by Entrackr highlighted that the company was in the process of laying off 350 employees across operations, marketing, cloud kitchen and product teams.