Flipkart Lays Off Hundreds After Annual Performance Review

Chandani — Sun, 08 Mar 2026 05:44:35 +0000

Flipkart Cuts Hundreds of Staff After Annual Performance Review

Flipkart is changing its team. On Sunday, reports showed the company cut hundreds of jobs. This happened right after the yearly performance review. The firm wants to keep its costs low. In fact, this move helps Flipkart prepare for a big IPO. Plus, the company wants more discipline in its core operations.

The Numbers: Who Lost Their Jobs?

Why are these job cuts happening now? Reports say Flipkart removed 300 to 500 workers. Does this hurt the whole company? No. Consequently, this is only 4% of their total staff. Moreover, most cuts hit the main business teams. Previously, Flipkart cut 1,000 jobs in early 2024. So, the firm is following a familiar pattern. Therefore, managers are using very strict rules for reviews this year.

Preparing for the Stock Market (IPO)

There is a big plan behind these cuts. Flipkart wants to show high efficiency to new investors. And, the company is talking to big global banks. Accordingly, Flipkart might go public by late 2026.

Layoff Info	Data	Main Goal
📉 Staff Cut	300 – 500	Lower Costs
📋 Reason	Low Ratings	Better Discipline
🚀 Next Step	India IPO	Late 2026

The New Review Rules

How did Flipkart pick who to cut? They used a Performance Improvement Plan (PIP). Why? Because more people entered this plan this year. Essentially, those with “one-star” ratings had to leave. Indeed, Flipkart is giving help to all affected staff.

Then there is the company’s new legal setup. Flipkart moved its main office from Singapore to India recently. Worth noting: This move makes the IPO process much easier. Ultimately, Flipkart wants a strong and profitable business for the future.

Frequently Asked Questions (FAQs)

Is Flipkart in trouble? So, no. The company is just cleaning up its team. Because of this, the app will work exactly as before.

When will the IPO happen? In fact, banks suggest late 2026 or early 2027. Additionally, the exact dates depend on the stock market.

Do the staff get any money? But yes. Flipkart offers severance pay to those it lets go. Consequently, this helps them while they find new work.