Snapdeal furloughs a portion of employees as company realigns itself for Covid recovery

E-commerce marketplace for value-conscious buyers Snapdeal has furloughed around 7 per cent – 50-55 employees – of its 750 full-time workforce for three months even as the company sees recovery in demand for goods during the fourth phase of the Covid-19 lockdown in India. Snapdeal also has around 800 contractual workforce. “Furlough could be extended depending on the situation. The affected employees are across teams including product, technology, sales etc.,” a source aware of the development told Financial Express Online.

“A small number of our team members will be on a three-month furlough as we align talent based on current and medium-term projects. During the furlough period, they will receive their contractual dues and will have continued entitlement to medical insurance for themselves and their families,” a Snapdeal spokesperson told Financial Express Online in a statement confirming the furlough – temporary leave from work.