Flipkart to cut jobs! Workforce to be reduced by 5-7% as part of annual performance reviews

Flipkart, the Indian e-commerce giant owned by Walmart, is planning to reduce its team size by 5-7% as part of its annual performance reviews. This is not the first time Flipkart has implemented job cuts based on performance. The company has also frozen fresh hiring in the past year to control costs.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.