Firstly, Flipkart played with the students of IIMs by offering a job and later asking them to convert that into internship by deferring the joining dates of the campus placements.
Now, its the employees of the Flipkart who are suffering.
Flipkart suddenly has asked the under performers to resign or to take severance pay.
Due to which around 1000 jobs are at the risk.
This move is the result of the challenges Flipkart is facing in the online industry.
Recently, acquired Jabong, has to take care of the performance of the company. But, directly asking to resign is not the only way to make the employees worth.
It is actually the cost to the company which in turn has to be faced by the Flipkart only.
Flipkart has about 30,000 employees which means this policy is going to affect about 2.3-3.3% of the employees.
While on asking in this concern, the heads said that- "It is a very common practice in the high performing internet organizations".
Let's see, what new turn it will be taking now. But, overall the organization failed to be proven as the Employee centric organization.
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