2 months ago
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E-commerce large Flipkart has trimmed its workforce by 250-300 employees pursuing its yearly show review, sources acquainted with the substance said connected Friday (March 6, 2026).
The occupation cuts, which span aggregate departments and worker levels, travel arsenic the Walmart-backed steadfast continues senior-level hiring up of its planned archetypal nationalist offering (IPO).
"Flipkart conducts regular show reviews aligned with intelligibly defined expectations. As portion of this process, a tiny percent of employees whitethorn modulation from the organisation. We are supporting affected employees with modulation support," Flipkart said successful a statement, without specifying the fig of employees impacted successful the exercise.
Sources, however, pegged the fig betwixt 250 and 300.
In December 2025, the institution received a motion from the National Company Law Tribunal (NCLT) to displacement its ineligible domicile from Singapore to India— marking a important milestone successful its plans for a imaginable home listing.
The restructuring is aimed astatine simplifying the group's holding structure— its businesses crossed fashion, health, and logistics— and progressive the merger of 8 Singapore-based entities into Flipkart Internet Pvt Ltd to align with Indian regulatory requirements.
At the aforesaid time, Flipkart has been strengthening its elder enactment bench, making respective cardinal appointments implicit the past months.
These see the assignment of Somnath Das arsenic VP, proviso chain, Digbijay Mishra arsenic VP, firm communications, Vipin Kapooria arsenic VP, concern finance, Yogita Shanbhag arsenic VP, quality resources, and Amer Hussain arsenic VP, proviso chain, for its market and minutes (quick commerce) businesses.
Financially, Flipkart India reported a wider consolidated nonaccomplishment of ₹5,189 crore successful FY25, compared to ₹4,248.3 crore successful the erstwhile fiscal year, according to information from concern quality level Tofler.
The company, however, recorded a 17.3% summation successful consolidated gross from operations astatine ₹82,787.3 crore successful FY25, from ₹70,541.9 crore successful FY24.
Total expenses for the fiscal twelvemonth roseate 17.4% to ₹88,121.4 crore, driven chiefly by stock-in-trade purchases, which reached ₹87,737.8 crore, compared to ₹74,271.2 crore a twelvemonth ago.
Flipkart Group companies see Flipkart, Myntra, Flipkart Wholesale, Cleartrip, and super.money.
