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The country’s largest e-commerce firm, Flipkart, will layoff 1-1.5 per cent of its “under-performing employees”, as a part of its biannual performance review cycle.
Of the 33,000-strong workforce, 350-400 employees will be exiting the company, as they did not measure up to expectations even after going through a mandatory performance improvement plan period, which ranges from 1-3 months, depending on the function and capability area.
Asked to respond to media reports on the exit of 1,000 under-performing employees, a spokesperson for the Bengaluru-based firm told BusinessLine : “About 350-400 employees have been asked to leave due to non-performance. This is a fairly common practice across various industries, especially in high-performing internet organisations.”
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