According to the news, food panda, a food delivery platform, has announced that it will lay off 1,000 employees, which represents 10% of its workforce.
Foodpanda announced in a statement today that it will lay off a number of its directly employed staff but not its riders. The delivery service provider clarified that the decision to downsize some of its teams and recalibrate the business will not affect its independent contractor riders.
“As we go through this transition, we want to assure our impacted employees that we are doing all we can to support them, and our doors are open to provide assistance whenever they need it,” said Foodpanda in a statement.
“We are truly sorry to lose our colleagues who are leaving us. Thank you for all your hard work and service. We are extremely grateful for what you’ve done for Foodpanda,” read the statement by the company.