Ecommerce major Flipkart is seeing senior vice presidents (SVPs) leaving, including leaders from Cleartrip, Mobikwik, and Instagram. The company is addressing its top-heavy structure and improving agility. Performance-based layoffs are happening across all verticals. Flipkart is focusing on financial services, grocery business, and PhonePe, while aiming to turn profitable.
Ecommerce major Flipkart is seeing senior vice presidents (SVPs) leaving, including leaders from Cleartrip, Mobikwik, and Instagram. The company is addressing its top-heavy structure and improving agility. Performance-based layoffs are happening across all verticals. Flipkart is focusing on financial services, grocery business, and PhonePe, while aiming to turn profitable.