Flipkart

Flipkart, a major Indian e-commerce company, has laid off approximately 400 to 500 employees, which represents about 3-4% of its total workforce. This move followed the company's annual performance review cycle, which it described as a regular process, though the scale of this reduction is noted as being higher than the typical 1-2% seen in such reviews. The layoffs occur as Flipkart is preparing for an initial public offering (IPO) on Indian stock exchanges, with discussions underway with investment bankers and a potential listing targeted for late 2026 or early 2027. The company is also streamlining its operations, including recent divestments, as part of its broader strategic preparations.

Flipkart, the Walmart-owned Indian e-commerce giant, is shutting down its Israeli R&D center in Tel Aviv, laying off its entire team of approximately 40 employees. This represents 100% of the staff at that location. The closure is part of a broader global restructuring and cost-cutting initiative as Flipkart prepares for a planned IPO in 2026, which has already included reducing 25–30% of its global workforce. The decision, announced in November 2025, is also attributed to the security situation in Israel. The Tel Aviv center, established after Flipkart's 2018 acquisition of Upstream Commerce, specialized in AI, dynamic pricing algorithms, and competitive data analysis. While the local team is being let go, Flipkart stated the systems developed there remain critical, and up to 40% of the staff will stay temporarily to ensure a knowledge transfer to teams in India.

Flipkart, the major Indian e-commerce platform, is reportedly planning to lay off between 1,100 and 1,500 employees, representing 5-7% of its 22,000-strong workforce, as part of a performance-based restructuring and cost-control strategy. This initiative, expected to be completed by March-April 2024, follows a year-long hiring freeze and aligns with similar cost-cutting moves in the tech industry. The company is concurrently finalizing a $1 billion funding round led by Walmart to support its strategic plans, including a delayed IPO.

Flipkart, a major Indian e-commerce company, has been conducting a stealth downsizing exercise, according to internal sources in early 2023. While the company officially denies layoffs, reports indicate an unusually large number of employees have been affected through workforce streamlining and performance improvement programs (PIPs) following annual appraisals. The process, described as a rationalization measure, involved sudden virtual meetings where employees were asked to resign without clear reasons provided. This move aligns with broader cost-cutting trends in the tech industry during that period.