‘We do responsible hiring’: Flipkart takes stand against mass layoffs
In a statement that will bring massive relief to Flipkart employees amid the ongoing layoffs in companies across the globe, Flipkart’s Chief People Officer (CPO) has said the homegrown e-commerce has ‘no intention of making mass layoffs.’
This is because the organisation does not believe in hiring in bulk as doing so often leads to firms laying off staff to lessen the headcount, said Krishna Raghavan in an interview with HT’s sister publication Mint.
“We do responsible hiring and there are no mass layoffs happening at Flipkart. We don’t hire in thousands and then land up figuring out that we have too many people on board, and resort to extreme measures,” remarked Raghavan.