Ecommerce major Flipkart is seeing senior vice presidents (SVPs) leaving, including leaders from Cleartrip and those from verticals such as marketplace and categories, fintech and payments. The company is addressing its top-heavy structure and improving agility. Performance-based layoffs are happening across all verticals. Overall, 5-7% of the company’s employees will be impacted by the layoffs, as ET first reported on January 8. Read The Rest at :
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