The exercise has affected employees across several functions, including operations, engineering and marketing
The layoffs account for roughly 3-4 per cent of the ecommerce company’s workforce, which is higher than the 1-2 per cent of employees it typically lets go through performance-linked exits each year. The exercise has affected employees across several functions, including operations, engineering and marketing, the people cited above said.
Flipkart currently employs around 18,000–20,000 people.
In a statement, the Walmart-owned company said the move was part of its routine performance management process. “Flipkart conducts regular performance reviews aligned with clearly defined expectations. As part of this process, a small percentage of employees may transition from the organisation. We are supporting affected employees with transition support,” the company said.
Potential listing
The latest round of exits comes as Flipkart sharpens its focus on operational efficiency ahead of a potential public listing. The company has been preparing for an initial public offering (IPO) that could take place in the next year or so.
As part of these preparations, Flipkart has already begun shifting its corporate structure to India. In December, the company received approval from the National Company Law Tribunal (NCLT) to relocate its holding company from Singapore to India — a move widely seen as a precursor to its listing plans.
This is not the first time Flipkart has undertaken workforce rationalisation in recent years. In 2023, the company reportedly let go of around 1,000-1,200 employees. In 2024 as well, it reduced headcount by an estimated 5-7 per cent.
Meanwhile, the company is simultaneously investing in new growth areas. In August 2024, Flipkart launched its quick commerce offering, Flipkart Minutes, which is currently undergoing rapid expansion as the company looks to compete in the fast-growing instant delivery segment.
Financially, Flipkart’s marketplace arm, Flipkart Internet, reported revenue of ₹20,493 crore in FY25, marking a 14 per cent year-on-year increase. Net losses during the year narrowed 37 per cent to ₹1,494 crore. However, the growth rate was slower than the 21 per cent rise in operating revenue the company recorded in FY24, which was its second consecutive year of over 20 per cent growth.
Published on March 6, 2026