Flipkart confirms around 300 job cuts in routine performance review

Flipkart has confirmed that around 300 employees have exited the company as part of its annual performance review process, affecting roughly 1.5% of its workforce.

The Walmart-owned e-commerce company said the exits were linked to routine performance management cycles, following reports that the company had reduced headcount in recent weeks. According to Moneycontrol, which first reported the development citing people familiar with the matter, the move affects about 300 employees out of Flipkart’s total workforce of roughly 20,000 people across its businesses.

In a statement, the company said the departures were part of a standard evaluation framework used across the organisation.

“Flipkart conducts regular performance reviews aligned with clearly defined expectations. As part of this process, a small percentage of employees may transition from the organisation. We are supporting affected employees with transition support,” the company said.

Performance-linked exits are a routine feature of annual review cycles in many large technology and e-commerce companies, where a small proportion of the workforce may be asked to leave based on performance outcomes.

The latest round of departures comes as Flipkart continues to streamline operations while preparing for a potential public listing in India. The company has been restructuring its corporate framework in recent months as it moves closer to a domestic initial public offering.

In December 2025, the National Company Law Tribunal approved Flipkart’s plan to shift its holding company’s domicile from Singapore to India. The move—often referred to as a “reverse flip”—is intended to align the company’s legal structure with its India-centric operations and simplify governance ahead of a future listing.

As part of the restructuring, several group entities, including Myntra and Flipkart Marketplace, are expected to be merged into Flipkart Internet Private Limited in phases.

The organisational changes and periodic performance reviews come as India’s e-commerce sector enters a more mature phase, with companies increasingly focusing on operational efficiency, profitability and governance in preparation for capital market scrutiny.

For Flipkart, analysts say the transition to a domestic structure and a sharper focus on efficiency could shape the company’s next phase of growth as it positions itself for a public market debut.