Zomato rewards employees with 17,65,182 shares as stock options, months after layoff

This week, Zomato announced that it will be hiring for 800 positions at the startup.

FPJ Web DeskUpdated: Wednesday, January 25, 2023, 07:06 PM IST
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According to a regulatory filing, food delivery giant Zomato has rewarded its employees with 17,65,182 shares as stock options, with a face value of Rs 1.

The allotment for employees comes months after Zomato had laid off 3 per cent of its staff. But this week, Zomato announced that it will be hiring for 800 positions at the startup.

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