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Equity Monday: Food delivery economics, and global layoffs

Good morning and welcome back to TechCrunch’s Equity Monday, a brief jumpstart for your week.

A few housekeeping observes. First, the primary, long-from Equity episodes still drop every Friday, so if you are behind, check your podcast feed. Likewise, we’re running a listener survey which you can find here, in the last ep’s shownotes. And eventually, I am off next week, so Danny Crichton will take over Equity Monday for us. I’ll be right back.

All that behind us, here’s what we talked about this morning 😛 TAGEND

This essay from The Margins that was the one thing anyone has spoken about on Twitter this weekend SoftBank slithers are out, and they are quite a lot Jack Ma quit SoftBank’s council Looking onward, Nvidia and HPE report earnings, Build is happening, and we’re anticipating another week of COVID-1 9 story. Hello Customer caused EUR6 million are consistent with Tech.EU, while Pennylane conjured EUR4 million, likewise according to the Europe-focused technology publication. And this morning I was taken in by the news that Swiggy is cutting around one-seventh of its personnel. News that the Indian food delivery was increasing headcount came Zomato, a local rival, was also cutting staff. Not a great trend. The Indian startup market has become important and gigantic, realizing these layoffs all the more worrisome.

Equity will be back Friday morning with more. Welcome to the week!

Equity discontinues every Monday at 7:00 AM PT and Friday at 6:00 am PT, so are contributing to us on Apple Podcasts, Overcast, Spotify and all the casts.

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