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Flipkart likely to downsize workforce

Flipkart likely to downsize workforce

India Blooms News Service | 29 Jul 2016, 09:04 pm
Bengaluru, Jul 29 (IBNS): India's leading e-commerce player, Flipkart is preparing to downsize its employee strength, the media reported on Friday.

It has been said that the company is cutting down its workforce to better compete with its international rivals, especially Amazon.

However, Flipkart says that the downsizing is part of its annual employee performance review where underperformers are asked to leave or will be let go. It claims that it loses between 1-2% of its workforce during this time each year, and that it isn’t something to be alarmed of, reported Business Standard.

Image: Flipkart/Official Twitter


 

 

Flipkart likely to downsize workforce

India Blooms News Service
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