Flipkart Announces Layoffs of 250–300 Staff After Performance Review

Several news outlets have reported that, following performance reviews, Flipkart had asked 250–300 staff to resign this year. As is common practice in the business, around 1-2% of employees are let go each year as part of performance management. This round of layoffs affects about 2% of the workforce.

In response to a media inquiry, Flipkart said that, in accordance with publicly stated expectations, the company does frequent performance reviews. During this time, a handful of workers may decide to leave the company. The company is providing affected workers with transition assistance. There are about 20,000 people working for the company.

Flipkart Revamping its Business Operations

The company's marketplace segment, Flipkart Internet, had a 14% increase in revenue to INR 20,493 crore in fiscal 2024-2025. But the net loss shrank by 37% to 1,494 crore Indian rupees, according to the company's report. From fiscal 2023 to 2023–2024, when operational revenue increased 21%, the growth rate decelerated. This is the second year in a row that the company has grown by over 20%. In addition, Flipkart has reduced the size of its executive team throughout the previous two years in preparation for an IPO.

There are now fewer than twelve senior vice presidents at the organisation, down from eighteen before. Nevertheless, it has been filling the positions left by leaving executives with executives who have more specialised responsibilities. With an initial public offering (IPO) on the horizon, Flipkart is shoring up its leadership and governance capacities.

New Appoints Two Senior Executives

Two senior executives were recently named to the Flipkart Group. One of them is Jason Chappell, who has joined as group controller and vice president. Minutes from Flipkart and grocery stores were handled by Amer Hussain, who was appointed VP of the supply chain. In keeping with its changing size and long-term growth objectives, Flipkart is putting an emphasis on enhancing its leadership and governance capacities through these hires. Among these, according to sources, is the company's expected IPO filing and the subsequent growth phase.

Jane Duke has been named the Flipkart Group's chief ethics and compliance officer (CECO), according to a recent announcement by the corporation. Duke has been promoted to the position of corporate ethics and compliance manager, where she will also play an important supporting role to the executive team. Dan Neary, a former senior executive at Meta, was appointed to Flipkart's board of directors in December.

The addition of Neary demonstrates Flipkart's dedication to enhancing governance, since he offers vast experience in global technology and leadership to the board. Yogita Shanbhag, a VP of human resources, and Vipin Kapooria, a VP of business finance, are among the recent hires.