Zomato employees protest by burning the company’s T-shirts.
After the Galwan Valley clash between India and China, the Chinese investment in the food-delivery giant was protested by its employees.
In Kolkata, a group of employees of food delivery platform, Zomato tore and burnt the company’s official T-shirts to protest Chinese investment in it. The protests come in regards to the Galwan Valley clash in eastern Ladakh, between India and China, on June 15, where 20 Indian soldiers were killed.
Chinese investment led to the agitation:
In the city’s southwestern part, at Behala on Saturday, some agitators urged people to stop ordering food via the company and also claimed to have quit their jobs as Zomato has a sizeable Chinese investment. Ant Financial, a part of Chinese major Alibaba, in 2018, had invested USD 210 million in Zomato for a 14.7 percent stake. Ant Financial further invested USD 150 million in the food delivery giant recently. One of the agitators said,” Chinese companies are making profits from here and attacking the Army of our country. They are trying to grab our land. This cannot be allowed.”
Another protester vehemently said that he would rather die of starvation but would not work for firms that have investment from China.
Zomato had laid-off employees:
Due to the novel Covid-19 pandemic, Zomato had laid off 13 percent of its workforce or 520 employees in a huge retrenchment exercise. The protesters also lamented on that decision and revealed that Zomato had asked for donations for its delivery agents and still lay off so much of staff. It is still unknown whether the protesters were among those who were retrenched earlier. Zomato has not reacted immediately to the incident, but a statement can be issued soon reports sources.
