• Source:PTI
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Flipkart Layoff 2026: In a shocking development for hundreds of employees, E-commerce major 'Flipkart' laid off around 250-300 employees after an annual performance review, news agency PTI reported, citing sources familiar with the matter.

The job cuts come amid several tech firms that have either laid off employees or are thinking of letting go of a chunk of their workforce. Job cuts at the Walmart-backed e-commerce platform are taking place at multiple department and employee levels, and the development comes as the company continues to make senior-level hires ahead of a planned initial public offering (IPO).

"Flipkart conducts regular performance reviews aligned with clearly defined expectations. As part of this process, a small percentage of employees may transition from the organisation. We are supporting affected employees with transition support," according to PTI, Flipkart said in a statement, without specifying the number of employees impacted in the exercise.

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In December 2025, the company received a signal from the National Company Law Tribunal (NCLT) to shift its legal domicile from Singapore to India – a key milestone in its plans for a potential domestic listing.

The restructuring aimed to simplify the group's holding structure – its businesses in fashion, healthcare, and logistics – and included merging eight Singapore entities into Flipkart Internet Pte Ltd to meet Indian regulatory requirements.

Flipkart Strengthen Its Senior Leadership

Flipkart has also been strengthening its senior leadership bench with several key appointments in recent months.

These include Somnath Das as VP, Supply Chain, Digvijay Mishra as VP, Corporate Communications, Bipin Kapuria as VP, Business Finance, Yogita Shanbag as VP, Human Resources, and Aamer Hussain as VP, Supply Chain, for its grocery and Minutes (Quick Commerce) businesses.

According to data from business intelligence platform Tofler (read by PTI), Flipkart India incurred a consolidated loss of Rs 5,189 crore in this financial year, compared to Rs 4,248.3 crore in the previous financial year.

However, the company reported a 17.3% increase in consolidated revenue from operations to Rs 82,787.3 crore in FY25, from Rs 70,541.9 crore in FY24.

Total expenses for the financial year rose 17.4 per cent to Rs 88,121.4 crore, mainly due to the purchase of stock in trade, which rose to Rs 87,737.8 crore from Rs 74,271.2 crore a year ago.

Flipkart Group companies include Flipkart, Myntra, Flipkart Wholesale, Cleartrip, and super.money.

(With Inputs from PTI)


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