Over 1,000 Blinkit Riders Join Rival Firms Amid Row Over New Pay Structure

Listen to This Article

More than 1,000 delivery executives employed with Zomato-owned Blinkit have joined rival firms, citing ‘unhappiness’ with the instant delivery service over the lowering of their payout structure, from Rs 25 per delivery to Rs 15, a report by the 

Economic Times

 said.



Angered by the company's decision, Blinkit delivery workers staged protests in the Delhi-NCR region last week, leading to the disruption of services in areas such as Delhi, Noida, Greater Noida, Gurugram, Ghaziabad and Faridabad.

Before the strike, Blinkit employed about 3,000 delivery workers in Delhi-NCR. However, after a week of protests, one-third of them have joined competing platforms such as Swiggy, Instamart, Zepto and Big Basket, sources told 

ET

.

According to the report, some employees were forced to leave despite initially hoping that the organisation would reverse its decision. However, Blinkit appeared to have moved forward with the revised payout structure.

The delivery firm has also been hiring new riders to deal with the shortage since last week.

Blinkit operates nearly 200 dark stores in Delhi-NCR. These stores function within a radius of 2-3 km, and goods are picked up from these warehouses for delivery. Almost 100 such stores were forced to close temporarily due to the rider's strike.

These too, resumed operations last week. Meanwhile, Zomato said in an April 20 filing that the disruption only had a ‘minimal revenue impact.’



RECENT NEWS

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more

Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector

The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more

JPMorgan And Small Caps Lead Market Rally: A Sign Of Economic Optimism

In a week marked by strong financial performance, JPMorgan Chase & Co. reported a 25% rise in profits, and US small-... Read more

Big Banks Vs. Regional Banks: The Battle For Market Share

The financial industry is a competitive landscape where big banks and regional banks vie for market share. Each type of ... Read more

The Evolution Of Philanthropic Advisory Services In Private Banks

The landscape of philanthropic advisory services provided by private banks has undergone a significant transformation. T... Read more