menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Curefoods’...
source image

Inc42

1w

read

249

img
dot

Image Credit: Inc42

Curefoods’ Employee Problem: Over 100% Attrition Rate For 3 Years

  • Cloud kitchen major Curefoods reported an attrition rate of 111.7% for FY25, marking the third consecutive year with attrition over 100%.
  • The company's IPO will include a fresh issue of shares valued up to INR 800 Cr and an offer for sale of up to 4.85 Cr equity shares.
  • High employee turnover saw 5,347 permanent employees leaving in FY25, leading to concerns about attracting and retaining skilled manpower for future growth.
  • Curefoods is also facing legal challenges related to hygiene, food safety, and compliance issues across its outlets and subsidiary Fan Hospitality.

Read Full Article

like

15 Likes

For uninterrupted reading, download the app