Industry
Swiggy Announces Buyback Programme of Stock Options for Eligible Employees
Online food delivery platform Swiggy is buying back $50 million (₹4 billion) worth of shares from 2,000 employees as part of its performance-based employee stock option plan (ESOP). This move aligns with their 2021 announcement to reward employees based on performance in 2022 and 2023. This is the fourth such buyback since 2018, with the size increasing each time. […]