[Jobs] TinyOwl sacks over 100 employees, shuts operations in 4 cities

10 posts · originally from https://geek.digit.in/community/threads/jobs-tinyowl-sacks-over-100-employees-shuts-operations-in-4-cities.195401/

Food tech startupTinyOwl sacks over 100 employees, shuts operations in 4 cities
• TinyOwl has handed pink slips to 112 employees with escalating costs
• This is the second round of layoffs in less than two months, with about 200 people sacked earlier in September
• TinyOwl is learnt to be pulling its resources from Delhi, Chennai, Hyderabad and Pune with immediate effect

Source: Food tech startupTinyOwl sacks over 100 employees, shuts operations in 4 cities - Times of India

Tiny Owl, Food panda and even to an extent Zomato have been struggling lately.Expect more job cuts.

And then we have a new entry to this field , Swiggy. Which is better than foodpanda

Unfortunate for Tinyowl, but the employees surely are good enough to land up in some other company soon enough.

This turned up into a really ugly affair. Namecalling, politicians etc etc ..

What business do the politicians have in this?

DeSmOnD dAvId said:
What business do the politicians have in this?

One employee=3-5 family members+~20 odd relatives=Votebank, plus the media coverage.

The employees didn't allow the boss to leave, the boss called police
The employees called the politician, to intervene on their behalf

Similar problems happened with local banya in Mumbai.
Localbanya in same soup as Zomato and TinyOwl, sacks 40 employees - Mumbai Mirror

theserpent said:
And then we have a new entry to this field , Swiggy. Which is better than foodpanda

only because they are burning venture capitalist money.