Flipkart may handover pink slips to nearly 700 employees
Advertisement
India’s largest online marketplace Flipkart is acting tough on its underperforming employees and has asked them to put in their papers, else they will be terminated and given severance pay.
This decision byFlipkart , which has nearly 30,000 employees, is likely to affect 700 to 1,000 staff.
"The cleanup is a part of the process of making Flipkart a lean organisation," ET quoted one of the sources as saying.
Apparently, this is not the first time Flipkart has come down heavily on its non-performing employees.
Flipkart, in a statement, said “In situations where employees do not make progress despite being put on a performance improvement plan, they are encouraged to seek opportunities outside the company where their skills can be better utilised. This is a fairly common practice across various industries- especially in high performing internet organisations.”
Not only Flipkart, even Snapdeal is looking to do away with non-performing employees and recently as many as 200 people were asked to buckle up or move out.
ET quoted a former Flipkart employee saying how roles and expectations kept changing.
"I chose to resign and sent a formal mail to my manager, which was immediately accepted. While the company has been patient with its employees over the last four years, this time it was not," this person told ET. He had worked for three years in the company in several roles, with the last one in the marketplace division.
"Managers should have good facts and data substantiating why a particular person is a non-performer, and base his decision on factual data. There is also a lot of referencing that happens in this space and an organisation should be helping them in that regard as well," Harish Kumar, Managing Partner at Wenger & Watson, told ET.
(Image: Thinkstock)
Advertisement
This decision by
"The cleanup is a part of the process of making Flipkart a lean organisation," ET quoted one of the sources as saying.
Apparently, this is not the first time Flipkart has come down heavily on its non-performing employees.
Flipkart, in a statement, said “In situations where employees do not make progress despite being put on a performance improvement plan, they are encouraged to seek opportunities outside the company where their skills can be better utilised. This is a fairly common practice across various industries- especially in high performing internet organisations.”
Advertisement
ET quoted a former Flipkart employee saying how roles and expectations kept changing.
"I chose to resign and sent a formal mail to my manager, which was immediately accepted. While the company has been patient with its employees over the last four years, this time it was not," this person told ET. He had worked for three years in the company in several roles, with the last one in the marketplace division.
"Managers should have good facts and data substantiating why a particular person is a non-performer, and base his decision on factual data. There is also a lot of referencing that happens in this space and an organisation should be helping them in that regard as well," Harish Kumar, Managing Partner at Wenger & Watson, told ET.
(Image: Thinkstock)
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market