'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...
02 Aug, 2017, 09.54 PM IST
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 ...
02 Aug, 2017, 08.48 AM IST
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 ...
01 Aug, 2017, 10.19 AM IST
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 ...
26 May, 2017, 12.58 AM IST
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 ...
14 May, 2017, 03.24 PM IST
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 ...
03 May, 2017, 06.58 AM IST
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.
12 Apr, 2017, 06.14 PM IST
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.
11 Apr, 2017, 12.56 AM IST
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...
10 Apr, 2017, 06.11 AM IST
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.
25 Feb, 2017, 10.52 AM IST
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.
23 Jun, 2016, 12.17 PM IST
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 ...
27 May, 2016, 04.23 PM IST
Snapdeal to hike salaries by 20% for top performersThe increase, effective from April 1, will also include ESOPs for the top performers.
13 Mar, 2016, 12.38 PM IST
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...
27 Feb, 2016, 12.24 AM IST
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.
20 Aug, 2015, 11.49 AM IST
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.
04 Aug, 2015, 04.00 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