Flipkart Firing?
Someone from my connections told that Flipkart have consulted Bain/BCG ( don't remember exactly) and are planning to fire 10% of the workforce
Anyone heard something?
Someone from my connections told that Flipkart have consulted Bain/BCG ( don't remember exactly) and are planning to fire 10% of the workforce
Anyone heard something?
These bloodsuckers at Bain and BCG always come up with reorg and firing as first solution
They are brought in to take the fall. Don't forget it's the leadership who has the final say. They did it
Tbf personnel rationalisation is always the last solution brought up in any cost cutting exercise
Bain is on retainer for Flipkart.
Will sister companies like Myntra and PhonePe be impacted as well?
Got a call from one acquaintance looking for opportunities outside Flipkart informing me that downsizing discussions are going on amid hiring freeze which is ongoing since last 1 year.
Does anyone have more info on this?
Is it true that Flipkart has laid off a lot of people recently? Across PM, tech, business roles? Can anyone confirm this?
How are things at Flipkart? Can someone from within the company share what's happening right now? Are they actually prepping for an IPO this time around or is is just for news as it has been for many years? Also what's the sentiment like...
If we look at layoff trends in India, then late stage IPO headed startups are doing it to boost profitability, or mid to early stage ones where they're trying to fit into a viable biz model. some mid sized MNCs also did layoffs where the...