Flipkart
Layoff wave at Flipkart: Up to 300 employees shown the door
E-commerce major Flipkart has removed 250-300 employees following its annual performance review, media reports said.
The slashing represents 2 percent of the company's workforce.
"Flipkart conducts regular performance reviews aligned with clearly defined expectations. As part of this process, a small percentage of employees may transition from the organisation. We are supporting affected employees with transition support,” Flipkart said in response to a query from Business Standard.
According to reports, the company has around 20,000 employees.
The Flipkart Group on March 3 announced the appointment of Somnath Das as Vice President, Supply Chain, and Digbijay Mishra as Vice President, Corporate Communications.
These appointments strengthen Flipkart’s senior leadership bench across critical operational and strategic functions as the company continues to operate at a national scale and build institutional capabilities to support its long-term growth roadmap, the company said in a statement.
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