Foodtech unicorn Rebel Foods laid off nearly 2% of its workforce

Share via:

Foodtech unicorn Rebel Foods laid off nearly 2% of its workforce. The startup attributed the layoffs to annual performance evaluation and a realignment within the company.

Rebel Foods is a cloud kitchen platform that operates several popular brands, including Faasos, Behrouz Biryani, Ovenstory Pizza, Mandarin Oak, and The Good Bowl. “Any news heard is on account of annual performance evaluation and realigning the organisation to our priorities for future goals. “The affected number is less than 2% of our organization’s total strength,” said a Rebel Foods spokesperson. According to Rebel Foods’ LinkedIn profile, the company employs 2,521 people. This equates to approximately 50 employees losing their jobs.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Foodtech unicorn Rebel Foods laid off nearly 2% of its workforce

Foodtech unicorn Rebel Foods laid off nearly 2% of its workforce. The startup attributed the layoffs to annual performance evaluation and a realignment within the company.

Rebel Foods is a cloud kitchen platform that operates several popular brands, including Faasos, Behrouz Biryani, Ovenstory Pizza, Mandarin Oak, and The Good Bowl. “Any news heard is on account of annual performance evaluation and realigning the organisation to our priorities for future goals. “The affected number is less than 2% of our organization’s total strength,” said a Rebel Foods spokesperson. According to Rebel Foods’ LinkedIn profile, the company employs 2,521 people. This equates to approximately 50 employees losing their jobs.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

ShopBack launches in New Zealand

The expansion comes a month after the Singapore-headquartered...

Swiggy Shareholders Give Nod For $1.2 Bn IPO

SUMMARY The IPO offer will comprise of a fresh...

Happiest Minds: Happiest Minds to acquire PureSoftware Technologies for...

IT company Happiest Minds Technologies Ltd on Thursday...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!