Flipkart to lay off nearly 400 employees

Our Bureau Updated - January 18, 2018 at 12:10 AM.

BL30FLIPKART

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.”

Published on July 29, 2016 17:19