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.

14mo ago

DizzyTaco

Adidas14mo

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

SnoozyBurrito

Grapevine14mo

@Randomization no, the teams are different!

QuirkyMarshmallow

Walmart14mo

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

Microsoft14mo

Is it just Flipkart or Phonepe too?

GigglyNarwhal

Stealth14mo

And Cleartrip

SqueakyTaco

Microsoft14mo

Can confirm about phonepe. It's happening

SparklyRaccoon

InMobi14mo

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

FloatingMuffin

Google14mo

It has 22k employees according to Economic times

SwirlyQuokka

Google14mo

@HighCowboy92 I hope its not that many

SillyMochi

Stealth14mo

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

SillyDonut

TCS14mo

Paise ka chakkar Babu bhaia...paise ka chakkar

DerpyHamster

Juniper Networks14mo

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

WobblyDumpling

Amazon14mo

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

FuzzyPickle

Amazon14mo

Knew this was coming 🥲

WobblyNoodle

Zomato14mo

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…