Flipkart Layoffs: 1,100 Jobs at Risk After Performance Review

Jan 25, 2024 21:38

Flipkart, owned by Walmart, is reportedly set to lay off around 1,100 employees following a performance review. The move affects roughly 5% of the company's workforce.

New Delhi, Jan 25 (PTI) E-commerce firm Flipkart may dismiss around 1,100 people on the grounds of poor performance, sources aware of the development said.

Walmart group firm Flipkart conducts performance assessments of employees between January and February based on work done in the previous calendar year.

"About 5 per cent of the total workforce may see exit after the performance development cycle for 2023 is over. The evaluation starts in January and will go for about a couple of more weeks," a source said.

According to another source, Flipkart has around 22,000 employees and as a result of performance evaluation around 1,100 people may exit from the company.

An email query sent to Flipkart elicited no reply.

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Flipkart Layoffs: 1,100 Jobs at Risk After Performance Review

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