Zomato CEO Deepinder Goyal comes clear on “Attrition problem”

• ByStartupStory     |    February 15, 2023

Zomato CEO and co-founder Deepinder Goyal on Tuesday issued a statement over what he said was ‘a lot of chatter about the culture at Zomato after a series of exits over the last few months.’

Deepinder Goyal pointed out that there are more than 200 employees at Zomato who have spent more than 7 years at the company. Some of the people are even on their second or third stint in the company.

Goyal concluded by saying that he is proud of the “high-performance, culture-driven organization” that they are creating and will continue to look for “high quality talent” which wants to “commit to a growth mindset, and extra terrestrial performance.”

 Exit Bandwagon

The foodtech giant which went public in 2021 has witnessed some top level exits in the last few years. This includes Rahul Ganjoo, who was head of new initiatives, Siddharth Jhawar, the erstwhile vice-president and head of Intercity, and co-founder Gaurav Gupta.

 Another co-founder of the company, Mohit Gupta, resigned in November last year. Gupta, who had joined Zomato four-and-half years back, was elevated to co-founder in 2020 from the position of CEO of its food delivery business.

 However, the latest to join the exit bandwagon is Gunjan Patidar, co-founder and Chief Technology Officer of the food delivery platform. Patidar resigned in January this year.

 “Gunjan Patidar was one of the first few employees of Zomato and built the core tech systems for the company. Over the last ten plus years, he also nurtured a stellar tech leadership team that is capable of taking on the mantle of leading the tech function going forward. His contribution to building Zomato has been invaluable,” said Zomato in a stock exchange filing.

Last month, however, it announced around 800 vacancies, amid a slew of layoffs at tech giants such as Meta, Twitter, Wipro, Microsoft, Amazon, Google, and more.

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