Flipkart Lays Off 500 Employees Amid Performance Review Process

359 Indian e-commerce giant Flipkart has reportedly asked around 400 to 500 employees to leave the company as part of its annual performance review process, according to multiple reports. The move has affected roughly 3-4% of the company’s workforce, which is higher than the usual number of employees that exit during this yearly exercise.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1751616253041-0'); }); The layoffs are said to be linked to the company’s internal performance evaluation system. Every year, Flipkart conducts detailed reviews to assess how employees have performed during the year.

Those who receive the lowest ratings are sometimes placed on what is called a Performance Improvement Plan (PIP). According to people familiar with the matter, a larger number of workers than usual were placed on this plan in the latest review cycle.