The lockdown that was imposed in India has harmed many an organization. Losses have been incurred and employees have been fired.
Online grocery shopping platform Big Basket is not a stranger to this. As per new reports coming in, the platform lost about 80% of its workforce in the first two days of the lockdown.
This has also been confirmed by the CEO of Big Basket, Hari Menon, who also went on to state that the company has managed to hire more than 12,000 employees and is bouncing back to its pre-COVID-19 state.
Read on to find out all the details!
After Loosing 80% of Workforce, Hired 12000 People: Big Basket CEO
The CEO Hari Menon was speaking at the virtually conducted ‘Isha Insight: The DNA of Success’, which is a leadership intensive programme for CEOs/CXOs.
He said, “After losing 80% of the workforce for two days, we were really dumbstruck as orders poured in, we hired 12,300 people in 16 days – through this we demonstrated the power of resilience.”
He also talked about the challenges that the company faced due to the lockdown and the constantly increasing demand for groceries to be home delivered. He also compared his leadership style to giving a rope to the employees, and the freedom to climb it or build it into a noose while enabling them to climb it.
Survival Guide For Entrepreneurs
He also advised all the participants to be challenge seeking entrepreneurs, and not employment seekers. He said that they must learn to consistently rise above the challenges presented by the pandemic and the economic fallout as well.
In his words: You must be behind the wheel, putting your shoulder to the wheel, so that it goes faster and creates possibilities. If you’re on the other side of the wheel, you’ll get crushed.
In April, it was reported that Bigbasket was looking at hiring 10,000 people for its warehouses and last-mile delivery to clear pending orders and meet the spike in orders due to the lockdown. Big Basket reported 15-20% increase in the value of each orders during the lockdown.
There were also talks about BigBasket being in the advanced stage of negotiations with the Tata Group to divest a majority stake.
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