Flipkart layoffs 2026: Nearly 500 employees asked to leave after performance review, says report
According to a report by Economic Times, Walmart-owned e-commerce giant Flipkart has asked around 400-500 employees to leave the company this year, based on performance evaluation.
These layoffs constitute roughly 3-4% of Flipkart’s total workforce; This is higher than the normal 1-2% of employees in the lowest performing group that the company typically lets go each year.
“Flipkart conducts regular performance reviews in line with clearly defined expectations. As part of this process, a small percentage of employees may transition from the organization. We are supporting affected employees with transition support,” the company told ET.
Flipkart focuses on senior hiring
According to a report by ANI, the layoffs affect employees across different departments and job levels and have come even as Flipkart continues to hire senior employees ahead of its planned initial public offering (IPO).
In December 2025, Flipkart received approval from the National Company Law Tribunal (NCLT) to shift its legal domicile from Singapore to India; This is an important step as the company plans a potential domestic listing.
The move aims to simplify the group’s holding structure (businesses in fashion, healthcare and logistics) and involves the merger of eight Singapore-based entities with Flipkart Internet Pvt Ltd to comply with regulatory requirements in India, according to the agency report.
Meanwhile, Flipkart has also added more senior executives to its leadership team through a series of key appointments in recent months.
Recent hires include the appointment of the following executives:
— Somnath Das as Vice President, Supply Chain.
— Digbijay Mishra as Vice President, Corporate Communications.
— Vipin Kapooria as Vice President, Business Finance
— Yogita Shanbhag as Vice President of Human Resources.
— Amer Hussain as Vice President of Supply Chain for grocery and minute (express trade) businesses.
Flipkart’s financial health
On the financial front, Flipkart India reported a broader consolidated loss. ₹5,189 crore in FY25, as compared to ₹4,248.3 crore a year ago, according to data from business intelligence platform Tofler.
However, the company reported a 17.3% increase in consolidated revenue from operations. ₹82,787.3 crore in FY25, ₹70,541.9 crore in the previous financial year.
Total expenses in the fiscal year increased by 17.4% ₹88,121.4 crore, mainly due to trade stock purchases. ₹87,737.8 crore, compared to ₹74,271.2 crore a year ago.
