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Flipkart Cuts Up to 300 Jobs After Performance Review, Continues Senior Hiring
E-commerce giant Flipkart has reportedly laid off approximately 300 employees following its annual performance review. Read the full business report on Flipkart's IPO plans, relocation to India, growing losses, and new senior-level hires. Click here for details.
Walmart-backed Flipkart, an e-commerce company, has reportedly laid off around 250 to 300 of its employees as part of its annual performance review process. Though the layoffs are widespread, Flipkart is still recruiting for senior roles as it prepares for its planned IPO.
The company stated that it regularly evaluates its processes and, as a result, some of its staff may leave as part of this process, though the number is small in percentage terms. Though Flipkart is being supportive of those who are being let go, it has not revealed the exact number of those affected, though it is believed to be around 250 to 300. These layoffs come as the company is restructuring its group to simplify its holding structure. Eight Singapore-based entities have been merged into Flipkart Internet Private Limited, in accordance with Indian regulatory requirements. This move marks a significant milestone in the company's plans for a potential domestic listing.
In December 2025, the company received approval from the National Company Law Tribunal (NCLT) to shift its legal domicile from Singapore to India. This move marks a significant milestone in its plans for a potential domestic listing. The restructuring aims to simplify the group's holding structure, which includes its various businesses in fashion, healthcare, and logistics. Eight Singapore-based entities have been merged into Flipkart Internet Private Limited, in accordance with Indian regulatory requirements.
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Flipkart has made several key appointments in the past few months. Among them, Somnath Das has been appointed Vice President of Supply Chain, and Digvijay Mishra has been appointed Vice President of Corporate Communications. Vipin Kapuria has become Vice President of Business Finance. Yogita Shanbhag is Vice President of HR, while Amar Hussain has been appointed Vice President of Supply Chain for the grocery and Myntra (instant commerce) businesses.
Flipkart India reported a widening consolidated loss of ₹5,189 crore in FY2024-25, up from a loss of ₹4,248.3 crore in the previous fiscal year. However, the company reported a 17.3% increase in consolidated revenue from operations to ₹82,787.3 crore in FY2024-25, up from ₹70,541.9 crore in FY2023-24. Total expenses increased 17.4% to ₹88,121.4 crore, primarily due to stock-in-trade purchases. Flipkart Group companies include Flipkart, Myntra, Flipkart Wholesale, Cleartrip, and Super Money.
