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Flipkart to cut jobs! Workforce to be reduced by 5-7% as part of annual performance reviews

IndiaTimes Monday, 8 January 2024
Flipkart, the Indian e-commerce giant owned by Walmart, is planning to reduce its team size by 5-7% as part of its annual performance reviews. This is not the first time Flipkart has implemented job cuts based on performance. The company has also frozen fresh hiring in the past year to control costs.
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