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Rocket Internet-backed Foodpanda has reduced its workforce by 15%. As per the company, the move is aimed towards profitability combined with adjustments to its business model.

As per the company, it has reduced manual intervention and achieved about 98% automation rate in order processing. Thus, it has laid off around 330 people from the company. Foodpanda had workforce of over 2,200 employees.

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In an official response to Inc42, Foodpanda stated, “The affected employees will be provided with due remuneration and will be further assisted to get a foothold in the industry by setting up a platform to help them discover a plethora of job options.”

Currently, Foodpanda provides a curated menu from 12000+ restaurants across 200+ cities in India, along with its partner brands Tastykhana.in & JustEat.in; which it acquired earlier this year.

Few other startups in this space that have been in news due to cut down of workforce are TinyOwl which laid off more than a hundred employees; and Zomato laid off 300 employees to shift focus to transaction-based business.


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