Related Posts
Popular Tags

Zomato CEO Dismisses Claims Of Market Share Loss, Employee Restrictions

Zomato Chief Executive Officer (CEO) Deepinder Goyal on Saturday dismissed allegations made in a Reddit post that claimed the company was losing market share and enforcing strict internal policies on employees. Calling the rumours “utter nonsense,” Goyal shared a post on X refuting the claims and reassuring users and stakeholders.

“All of this… is utter nonsense,” Goyal wrote while sharing a link to the Reddit post, which had been published anonymously on the StartUpIndia subreddit.

The Reddit post alleged that Zomato’s leadership had admitted in a recent internal meeting that the company was losing market share to rivals like Zepto Cafe and Swiggy. According to the post, the supposed response included panic-driven policies such as mandating employees to order from Zomato at least seven times a month, with ordering from competitors like Swiggy and Zepto allegedly banned within the office.

The anonymous post also criticised Zomato’s pay structure for delivery partners and claimed that restaurant partners were dissatisfied with the company’s policies.

Responding to these accusations, Goyal said, “Neither are we losing market share, nor will we ever force our employees to order on Zomato. Freedom of choice is something we stand for vehemently. It is embarrassing to even clarify this — but doing it since many people reached out to me with concern.”

He also thanked everyone who expressed their concern, reiterating the company’s commitment to employee freedom and operational transparency.

Source – https://www.businessworld.in/article/zomato-ceo-dismisses-claims-of-market-share-loss-employee-restrictions-555013

Leave a Reply