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SNAPDEAL EMPLOYEES
Talent twist: Silicon Valley's India story takes an unexpected turnThe prospective appointment of Kunal Shah to a leadership position at WhatsApp exemplifies an emerging pattern: Indian founders are increas...- Meet Kunal Shah: He once worked as a delivery boy to support family. Now he's set to lead world's biggest messaging platformKunal Shah, the visionary behind fintech success CRED and FreeCharge, is set to lead Meta's global messaging giant, WhatsApp. Shah, who pre...
- Jason Kothari's entertainment startup Mythik raises $5 million, at valuation of over $50 millionMythik, a media tech firm by ex-Freecharge CEO Jason Kothari, secured $5 million in fresh funding, extending its previous $15 million raise...
- 'Snapdeal 2.0' could leave company with 500-600 staffersAfter turning down Flipkart's USD 900-950 million offer earlier this week, the e-commerce firm has started working on its new roadmap which...
- Snapdeal's first investor Kenneth Glass backs foundersKenneth Glass, one of the first investors in Snapdeal said in an email statement that he is excited about the company introducing Snapdeal ...
- Employees get the unkindest cut in Snapdeal 2.0 rebootMany employees are being asked to leave without notice on 1 month's salary and a month's severance package, as opposed to 3 mths severance ...
- Ex-employees petition Snapdeal; fear their esops may go worthlessInvestors, including Japan’s Softbank, who pumped in close to $1.6 billion in Snapdeal, hold preference shares which grants them the right ...
- Snapdeal-Flipkart deal may leave staff richer by Rs 193 croreAccording to sources, if the deal goes through, the founders will give half of their payout (USD 30 million) for the proposed scheme which ...
- 2 months after layoffs, Snapdeal initiates payouts to affected employeesThe online marketplace has a significantly larger workforce that has been affected by the retrenchment, but it has declined to specify the ...
- Snapdeal to dole out up to 15% pay hike amid sell-off buzzFor senior management, the hike will be 9-12 per cent, but the company may offer 20-25 per cent raise to exceptional performers, they added.
- Experts divided over Kunal Bahl’s letter to Snapdeal employeesWhile some leadership experts give the Snapdeal founder full marks for the communication, some others say the move is unlikely to pay off.
- Staff well-being top priority for the founders: Snapdeal CEO Kunal BahlEven as SoftBank, pushes for a sale of the online marketplace, Bahl has written to staff, reiterating that their well-being continues to be...
- SoftBank-backed Snapdeal's tale snaps; hands out pink slipsCompany spokesperson, in a written response, denied that it was shutting some of its offices, which sources said it was considering.
- Nikesh Arora's exit won't have any impact on Snapdeal: CEO Kunal BahlSnapdeal needs the Japanese giant to be firmly in its corner if it has realistic ambitions of taking the fight to its better-funded rivals.
- Snapdeal plans to scale down operations in regional officesSnapdeal may even shut down a few offices in the next six months, if it doesn't raise a fresh funding round, sources tracking the retailer ...
- Snapdeal to hike salaries by 20% for top performersThe increase, effective from April 1, will also include ESOPs for the top performers.
- Protesting Snapdeal employees approach labour departmentSnapdeal employees intensified their protest by moving a plea to the labour department to intervene in the matter and help them get their j...
- Snapdeal shifts office amidst much fanfareSnapdeal recently moved to a 4.5 lakh square feet space in Gurgaon, which will house around 4,500 employees.
- Snapdeal kicks off diversity initiative 'Advitya' in a bid to attract and retain talentDiversity is the next big thing on Snapdeal’s to-do list as the Delhi-based online marketplace seeks to attract and retain talent.
- 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
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