Flipkart Layoffs

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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.

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