After Zomato, Swiggy may lay off more than 250 employees or up to 5 per cent of its workforce starting this month. Last month, global brokerage firm Jefferies said that Swiggy was fast losing market share to its rival Zomato despite offering heavy discounts. Citing Swiggy investor Prosus’ financial report, Jefferies said that the gross value of Swiggy’s food delivery …
