December 22, 2024 15:56 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait | Jaipur gas tanker crash: Toll touches 14, 30 critical | Arrest warrant against former cricketer Robin Uthappa over 'PF fraud' | PM Modi emplanes for a visit to Kuwait | German Christmas market car attack leaves 2 dead, Saudi Arabian doctor arrested | India, France come together to build world's largest museum in Delhi's Raisina Hill | Canada, US presented no evidence of Indians' involvement in purported criminal acts: Centre informs Parliament amid 'serious allegations' | Delhi Police Crime Branch to investigate FIR against Rahul Gandhi over Parliament tussle

Flipkart likely to downsize workforce

| | Jul 29, 2016, at 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


 

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.