Flipkart cuts 300 jobs in annual performance review cycle

Walmart-owned ecommerce company Flipkart has laid off around 300 employees as part of its annual performance review cycle, according to sources aware of the development.

The development was first reported by The Economic Times, which said the layoffs are part of the company’s routine performance management process. Employees placed in lower performance bands during the appraisal cycle are being asked to exit the organisation.

The report added that the layoffs account for about 1.5% of Flipkart’s total workforce, which is estimated to be around 20,000 employees. The affected employees are said to be from multiple teams across the company.

Flipkart did not comment on the queries sent by Entrackr.

Flipkart conducts periodic performance reviews as part of its annual appraisal process. During this cycle, employees are evaluated against predefined performance metrics and organisational expectations.

Earlier in 2024, Flipkart had also carried out layoffs through a similar performance review process. At the time, reports indicated that around 1,000 employees were impacted during the company’s annual appraisal exercise.