Flipkart has cut 250-300 jobs post-annual performance review, coinciding with senior-level hirings for an impending IPO. The restructuring aligns with its legal shift to India and aims to streamline its holding structure. Flipkart's financials reveal increased losses but also notable revenue growth.

Flipkart's Strategic Realignment: Workforce Trim Amidst IPO Preparation

Flipkart Reduces Workforce, Realigns Operations Ahead of IPO

Indian e-commerce giant Flipkart has made a strategic move, reducing its workforce by 250-300 employees across various departments. This decision follows the company's annual performance review, with Flipkart offering support to those affected during their transition.

Restructuring and Relocation

The restructuring is a crucial step as Flipkart shifts its legal base from Singapore to India, a move approved by the National Company Law Tribunal.

This relocation is aimed at streamlining the group's business operations in fashion, health, and logistics.
The consolidation involves merging eight Singapore-based branches into Flipkart Internet Pvt Ltd.

New Senior Management Appointments

Flipkart has strengthened its senior management team with key appointments, including roles in:

Supply Chain
Corporate Communications
Business Finance

Mixed Financial Performance

Despite a rise in its consolidated loss for FY25, the company saw a 17.3% growth in revenue from operations, highlighting a mixed financial performance.