Britain’s biggest mall owner Intu Properties’ Chief Executive Officer Matthew Roberts has reportedly stepped down from the role a week after the company went into administration, said a Reuters report citing sources. Roberts, who took the helm in 2019 after serving as Intu’s Finance Chief for about nine years, informed staff that he was leaving…
Just days after Zomato announced its decision to lay off employees, food delivery unicorn Swiggy also said that it is laying off 1,100 employees across functions over the next few days. In a blog written by Sriharsha Majety, Co-Founder and Chief Executive Officer, the company said, it will be laying off 1,100 employees across grades…
The hospitality sector is one of the most affected by the ongoing coronavirus pandemic. With travel of any kind coming to a halt and governments imposing lockdowns, companies in the sector are bracing for severe impact. Recently, there has been multiple reports about layoffs and furloughs in the industry by the companies to save cost.…