Flipkart cuts 400-500 jobs after performance review; Amazon also cuts robotics jobs

Flipkart has asked around 400–500 employees to leave the company this year following its annual performance review process, according to people familiar with the matter. The job cuts account for roughly 3–4% of the Walmart-owned e-commerce company’s workforce of about 20,000 people.

The exits are higher than Flipkart’s usual practice of letting go 1–2% of employees each year as part of routine performance management. Sources said more staff than usual were placed on performance improvement plans this year, with some receiving the lowest ratings in their annual reviews and subsequently being asked to leave.

Read more

You may also like

Comments are closed.

More in IT