Tuesday, December 29, 2015

Amid tough market conditions, foodpanda lays off 330 employees in India

The firm has been going through a bad patch of late, following allegations of financial irregularities and corporate misgovernance Amidst the tough market conditions for foodtech startups in India, Rocket Internet-owned online food ordering platform foodpanda has handed pink slips to almost 15 per cent — 330 employees — of its total workforce of around...
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