FloatingMuffin

Flipkart is planning to layoff 7% of its workforce

m.economictimes.com

Flipkart may trim rolls by up to 7% in yearly refocus

Spotlight on Cleartrip, grocery and Shopsy; $1-billion funding in progress at company.

10mo ago

DizzyTaco

Stealth10mo

Is Flipkart and Walmart same, because Walmart was at a hiring spree in the last 2 years

SnoozyBurrito

Grapevine10mo

@Randomization no, the teams are different!

QuirkyMarshmallow

Walmart10mo

Thankfully, I stood my ground on hiring only when the project is finalized and not lowering my bar. Out of 30 openings I was tasked to hire, I could only hire 5. The projects got postponed and I saved 25 jobs. A little of economics knowledge goes a long way.

JazzyPotato

Microsoft10mo

Is it just Flipkart or Phonepe too?

GigglyNarwhal

Stealth10mo

And Cleartrip

SqueakyTaco

Tesco10mo

Can confirm about phonepe. It's happening

SparklyRaccoon

InMobi10mo

Flipkart would be 15000 employees? So this might be as much as 1100 people 😕

FloatingMuffin

Google10mo

It has 22k employees according to Economic times

SwirlyQuokka

Google10mo

@HighCowboy92 I hope its not that many

SillyMochi

Stealth10mo

When a deep pocket like Walmart is backing Flipkart what is the need to cut down workforce?

SillyDonut

TCS10mo

Paise ka chakkar Babu bhaia...paise ka chakkar

DerpyHamster

Juniper Networks10mo

Doesn't mean they shouldn't cut. They'll do it every opportunity they can optimise!

WobblyDumpling

Amazon10mo

It is performance based Pip Amazon does this every year for 6% Not a mass layoff per se

FuzzyPickle

Amazon10mo

Knew this was coming 🥲

WobblyNoodle

Yubi10mo

Had heard of Flipkart planning something. Their busiest quarter is the Diwali/Christmas period, and I imagine post that is a ripe time for them to plan this…