zomato

9+ articles

AI AI India AI Investment AI automation AI misuse

Mumbai Bakery Exposes Customer for Using AI-Generated Image to Scam Refund

A Mumbai bakery, Dessert Therapy, recently made headlines by exposing a customer who attempted to secure a refund using an AI-generated image of a cake. The incident, which involved a Rs 2,500 cake ordered through Zomato, has stirred discussions about AI misuse in digital transactions.

Nov 19

Mumbai Bakery Exposes Customer for Using AI-Generated Image to Scam Refund

OkCredit CEO Harsh Pokharna Calls for Humane Layoffs in Tech Industry

Harsh Pokharna, CEO of Bengaluru's OkCredit, is challenging the tech industry to treat layoffs more humanely. After laying off 70 employees 18 months ago with comprehensive support, Pokharna's criticism of Zomato's recent layoffs of 500 junior employees highlights the necessity for empathetic treatment of staff. Pokharna's LinkedIn post calls for CEO accountability and a more humane approach, sparking positive reactions and public discourse around ethical layoffs.

Apr 4

OkCredit CEO Harsh Pokharna Calls for Humane Layoffs in Tech Industry

Zomato's Surprising Shift: 600 Laid Off as AI Takes Charge of Customer Support

Zomato shakes up its workforce with the unexpected layoff of 600 customer support employees, pivoting towards AI for enhanced efficiency amidst slowing growth. The move sparks public outrage but aligns with Zomato's strategic shift to cut costs and adapt to changing market dynamics.

Apr 1

Zomato's Surprising Shift: 600 Laid Off as AI Takes Charge of Customer Support

Zomato's Surprise Layoffs: 600 Jobs Axed in AI Automation Drive

Zomato has laid off 600 customer support employees just a year after hiring them, primarily in Hyderabad and Gurugram. Although they cited poor performance, the real reason appears to be Zomato's push for AI automation. The company offered a month's severance and has introduced 'Nugget,' an AI tool for customer support, amid economic pressures and a slowdown in its BlinkIt business.

Apr 1

Zomato's Surprise Layoffs: 600 Jobs Axed in AI Automation Drive

OpenAI's Whopping $40 Billion Funding Skyrockets Valuation to $300 Billion

OpenAI has secured $40 billion in a funding round led by SoftBank, bringing its valuation to a staggering $300 billion. This is the largest ever funding for a startup, positioning OpenAI among the most valuable companies worldwide. Meanwhile, Zomato faces challenges with layoffs due to a slowdown in its food delivery business, highlighting shifts in tech employment and market dynamics.

Apr 1

OpenAI's Whopping $40 Billion Funding Skyrockets Valuation to $300 Billion

Social Media Storm as Zomato Faces Backlash for Mass Layoffs Amid AI Automation Push

Zomato has come under fire for reportedly laying off over 300 employees for minor infractions, such as being late, as social media erupted with criticism. The company is also replacing up to 600 customer support roles with AI-driven systems, raising ethical questions about corporate transparency and labor rights.

Apr 1

Social Media Storm as Zomato Faces Backlash for Mass Layoffs Amid AI Automation Push

Tech Shockwaves: Rebranding, Layoffs, and AI Collaborations Making Waves!

This week in tech news has been a whirlwind! Zomato rebrands to Eternal Ltd. amidst public confusion. Layoffs at Infosys spark debates on ethical employment practices. Sam Altman's strategic meeting with India's IT Minister highlights AI potential as Google's $200 billion market dip raises eyebrows. Gear up for a tech rollercoaster ride!

Feb 9

Tech Shockwaves: Rebranding, Layoffs, and AI Collaborations Making Waves!

Sensex Tumbles Over 500 Points: IT Sector Takes a Hit

The Indian stock market had a rough opening on December 31, 2024, with the BSE Sensex plunging over 500 points and Nifty slipping below 23,550. Tech Mahindra and Infosys were among the top losers weighing on the Nifty 50. In contrast, ONGC and Bharat Electronics Ltd saw gains, offering some relief. The slide in Indian markets mirrored declines in the US and Asian markets, hinting at broader global economic pressures. Zomato led losses on the BSE Sensex with a 2.17% drop. While the IT and Realty sectors were in the red, sectors like Pharma, PSU Bank, Metal, Healthcare, and Oil & Gas stood out with positive performance.

Jan 3

Sensex Tumbles Over 500 Points: IT Sector Takes a Hit

India's Daily Digest: Modi Meets Bishops, Cybercrime Arrests, and More

Catch the latest news headlines perfect for your school assembly! From PM Modi's historic address to the Catholic Bishops and filmmaker Shyam Benegal's accolade, to cybercrime arrests and international tensions, we've got you covered. Plus, get the scoop on Zomato joining the BSE Sensex, Perplexity AI's rise, and more trending topics.

Dec 25

India's Daily Digest: Modi Meets Bishops, Cybercrime Arrests, and More