Flipkart Reduces Workforce by Up to 4% After Annual Performance Review Ahead of IPO Plans

Flipkart has asked between 250 and 500 employees, roughly 1.5 to 4 percent of its 20,000-strong workforce, to leave following its annual performance review cycle. This reduction, higher than usual in some reports, targets employees rated in lower performance bands. The company stated it provides transition support and conducts regular reviews aligned with clear expectations. These workforce adjustments coincide with Flipkart's preparations for a potential IPO in India, including restructuring and senior leadership changes.