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Zomato’s Chief of Staff role garners over 10,000 applications in just 24 hours
YourStory
·
8m ago
Medial
Over 10,000 applications have been received for the Chief of Staff (CoS) role at Zomato following CEO Deepinder Goyal's announcement of the unconventional opening. Goyal stated that the applicants reflect a diverse range of financial backgrounds. The application inbox will close on Thursday at 2 PM IST. The selected candidate will not receive a salary for the first year but will be required to pay a Rs 20 lakh donation to Zomato's Feeding India initiative. In the second year, they will receive a salary higher than Rs 50 lakh. Goyal outlined his expectations for the role, focusing on hunger, common sense, empathy, and a learning mindset.
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10,000 apply for Zomato job that pays no salary for 1 year, demands ₹20 lakh 'fee'
Twitter
·
8m ago
Medial
Zomato CEO Deepinder Goyal on Thursday said he received over 10,000 applications for the Chief of Staff role. Goyal announced the opening for the role on Wednesday and said the employee would have to pay a ₹20-lakh fee and wouldn't get any salary for one year. Goyal said the applicants included both who had the money and those who didn't.
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How PhonePe Leveraged AI To Reduce Customer Support Teams By 60%
Inc42
·
9m ago
Medial
PhonePe has significantly reduced its customer support staff by 60% over the past five years, going from approximately 1,100 agents to just over 400. The company has attributed this reduction to the implementation of AI-driven automation, with over 90% of customer issues now being resolved through chatbots. PhonePe has also reported a remarkable 40X growth in transactions between FY18-19 and FY23-24.
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Zomato hires 18 for Chief of Staff role from over 18,000 applicants
YourStory
·
6m ago
Medial
Zomato CEO Deepinder Goyal announced that out of 18,000+ applicants for the Chief of Staff role, 30 candidates received offers, with 18 already joining Zomato in significant roles. Goyal clarified that the contentious Rs 20 lakh donation requirement was just a filter and not enforced. He emphasized this hiring is a long-term investment, and the company continues to review talent. Goyal also expressed interest in leaders utilizing AI as a "second brain."
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Meta taps Republican Joel Kaplan to lead global policy team, replacing Nick Clegg
Economic Times
·
7m ago
Medial
Meta Platforms has appointed Joel Kaplan as its new chief global affairs officer, succeeding Nick Clegg. Kaplan, a prominent Republican and former deputy chief of staff under George W. Bush, takes over amid Meta's efforts to improve relations with political leaders like President-elect Donald Trump. Kaplan's appointment has faced scrutiny due to accusations of favoring a conservative agenda at Meta. As Kaplan steps up, Kevin Martin will assume his previous role overseeing global policy.
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Zomato CEO Deepinder Goyal provides update on chief of staff hiring
Economic Times
·
6m ago
Medial
Zomato CEO Deepinder Goyal provided an update on the chief of staff hiring process, revealing that 18,000 applications were received. He has met over 150 applicants, extending offers to 30, with 18 already joining Zomato and its group companies. Despite controversial initial terms, Goyal clarified intentions, focusing on long-term, impactful candidates. Highlighting the diverse backgrounds of the hires, he expressed ongoing recruitment efforts to build a strong, forward-thinking team embracing AI.
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TikTok quizzed by EU on TikTok Lite launch in France, Spain
Economic Times
·
1y ago
Medial
The European Commission has given TikTok 24 hours to provide a risk assessment on its new app TikTok Lite, amid concerns about the potential impact on children and users' mental health. This follows an investigation into TikTok over possible breaches of the Digital Services Act. The Commission has requested more information on the risk assessment, particularly in relation to the protection of minors and potential addictive behavior. TikTok must provide the assessment within 24 hours and additional requested information by April 26, 2024. The Commission will then analyze the response and determine next steps.
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Elon Musk's Starlink down, over 200 service outages, says report
Livemint
·
1y ago
Medial
Billionaire Elon Musk's satellite internet platform Starlink is currently experiencing outages, with over 240 reported in the last 24 hours. Users have reported service disruptions, and updates on the situation are pending.
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Zomato sets up wellness facility at Gurugram HQ for employees, families
Economic Times
·
6m ago
Medial
Zomato has established a wellness center at its Gurugram headquarters, offering employees and their families access to therapies like cryotherapy and red light therapy. CEO Deepinder Goyal highlighted the company's commitment to wellness through in-house mental health support, a company-owned gym, and a Chief Fitness Officer, Anmol Gupta. The center, used by over 200 people regularly, is part of Zomato’s broader initiative, including period and gender-neutral parental leave policies, enhancing employee well-being.
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AI puts CIOs in the spotlight, right next to the CEO
Livemint
·
1y ago
Medial
More chief information officers (CIOs) are reporting directly to chief executives instead of chief financial officers, highlighting the increasing importance of the role in shaping corporate AI strategies. In recent years, the percentage of US CIOs reporting to CEOs has risen from 41% in 2015 to 52% in 2023, according to Deloitte. This change signals the recognition of technology's strategic value, with generative AI being led from the top and viewed as a profit driver rather than just a cost and support function. CIOs now have the opportunity to shape the narrative around AI and guide their organizations accordingly.
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32,500 startup staff fired or forced to resign since 2022: Report
Twitter
·
1y ago
Medial
More than 32,500 employees of startups operating in India were laid-off or forced to resign since 2022, according to data compiled by Moneycontrol. BYJU'S, including its subsidiaries, laid-off about 9,000-10,000 employees, topping the list, and was followed by Ola, with over 2,100 fired staff, and Unacademy, with about 2,000 laid-off employees. Meanwhile, Blinkit laid-off 1,600 employees.
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