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Flipkart may let go 1,000; Swiggy to lay off 400

Business Standard  

E-commerce firm Flipkart and food delivery company Swiggy are laying off employees.Walmart-owned Flipkart is looking to let go of 1,000 employees. This represents around 5-7% of its total workforce.IPO-bound Swiggy is also looking to let go of 350-400 employees or 6% of its workforce. The Bengaluru-based firm has about 6,000 employees. These layoffs may happen across technology and call centre units. In January last year, Swiggy laid off 380 employees, citing challenging macroeconomic conditions and a slowdown in the growth of its food-delivery business.