Flipkart may trim rolls by up to 7% in yearly refocusSpotlight on Cleartrip, grocery and Shopsy; $1-billion funding in progress at company.
08 Jan, 2024, 08.03 AM IST
Sachin Bansal-led Navi lays off 150-200 employees amid delayed IPOAt least 150 employees are likely to be impacted by the exercise, with the overall count of people leaving the company expected to cross 20...
14 Jul, 2023, 02.10 PM IST
As funding winter sets in, top rung at new-age companies faces pay freezeAs pressure mounts to conserve cash, founders, investors and human resources experts told ET that many startups will hold back raises for s...
09 Apr, 2023, 06.00 AM IST
India to top China as largest international market in 2023: Walmart CFOWalmart CFO John David Rainey said ecomm marketplace Flipkart and online payments app PhonePe, both owned by Walmart, are market leaders an...
09 Mar, 2023, 04.57 PM IST
No annual increments for senior leadership amid tough macroeconomic conditions: Flipkart tells employeesFlipkart's chief people officer Krishna Raghavan said the company wants to be “prudent” in managing its resources amid tough macroeconomic ...
23 Feb, 2023, 01.07 PM IST
eForestation when Amazon's clearing; over 10,000 job cuts globallyThe business environment in India is also evolving rapidly. Big local groups like the Tatas and Reliance are moving into ecommerce, intensi...
02 Dec, 2022, 11.26 PM IST
PhonePe to hire upto 550 people this yearThe company is looking to add roles across the board, including engineering, corporate functions, sales, business development, and marketin...
05 Jun, 2020, 09.36 AM IST
How FinTech firms can address your business funding challengesFinTechs are constantly investing in building technology infrastructures with financial models, credit assessments and risk score tools by ...
07 Jun, 2019, 10.23 AM IST
Amazon India's CFO Raghava Rao made VPRao took over as vice-president, finance, since March, according to his LinkedIn profile. Amazon confirmed that Rao has recently been promo...
12 Apr, 2018, 07.50 AM IST
Snapdeal to slash office space in Gurgaon by over 60%The online retailer had moved to its Gurgaon campus less than two years ago when it leased a 4.5-lakh-sq-ft campus in Udyog Vihar to keep p...
25 Apr, 2017, 08.53 AM IST
Pay hikes slide from up to 40% to almost nothing at startupsInMobi has delayed their appraisal cycle while biggies like Flipkart and Snapdeal are being extremely conservative in giving hikes this yea...
27 May, 2016, 03.45 PM IST
Top performers set to walk away with bumper increment this appraisal seasonMost firms - particularly ecommerce players and startups - are rolling out bigger incentives, roles and bonuses for their top-rated employe...
11 Mar, 2016, 07.38 PM IST
Free food, masseuse on call: Flipkart, Snapdeal give overworked staff festive cheerAlmost all these firms offer free meals, sports facilities and round-the-clock drop services for female staff, during peak sale days.
20 Oct, 2015, 10.22 AM IST
Snapdeal replaces yearly employee appraisal with trimester reviewsSnapdeal is replacing annual employee appraisals with trimester reviews, as one year becomes too long a period to evaluate staff performance
30 Jul, 2015, 10.12 AM IST
Flipkart transfers hundreds of employees to Serco BPOFlipkart said it transferred about 300 employees to Serco, but three company executives ET spoke with said the number could be significantl...
15 Jun, 2015, 02.10 PM IST
Snapdeal rewards 1,200 top performers with ESOPsThe numbers are much larger this time — last year, the company gave these to 300 employees out of a total 1,200.
14 May, 2015, 08.25 AM IST
Slowdown takes toll as online retailers like Flipkart, Jabong hand out pink slipsAbout one-tenth of Flipkart's workforce, are being shown the door, according to at least three people with direct knowledge of the developm...
15 May, 2013, 07.09 AM IST