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FloatingMuffin
FloatingMuffin
Google

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.

Flipkart may trim rolls by up to 7% in yearly refocus
11mo ago
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DizzyTaco
DizzyTaco
Stealth11mo

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

SnoozyBurrito
SnoozyBurrito
Grapevine11mo

@Randomization no, the teams are different!

QuirkyMarshmallow
QuirkyMarshmallow
Walmart11mo

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
JazzyPotato
Microsoft11mo

Is it just Flipkart or Phonepe too?

GigglyNarwhal
GigglyNarwhal
Stealth11mo

And Cleartrip

SqueakyTaco
SqueakyTaco
Microsoft11mo

Can confirm about phonepe. It's happening

SparklyRaccoon
SparklyRaccoon
InMobi11mo

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

FloatingMuffin
FloatingMuffin
Google11mo

It has 22k employees according to Economic times

SwirlyQuokka
SwirlyQuokka
Google11mo

@HighCowboy92 I hope its not that many

SillyMochi
SillyMochi
Stealth11mo

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

SillyDonut
SillyDonut
TCS11mo

Paise ka chakkar Babu bhaia...paise ka chakkar

DerpyHamster
DerpyHamster
Juniper Networks11mo

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

WobblyDumpling
WobblyDumpling
Amazon11mo

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

FuzzyPickle
FuzzyPickle
Amazon11mo

Knew this was coming 🥲

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