Flipkart Firing?
Someone from my connections told that Flipkart have consulted Bain/BCG ( don't remember exactly) and are planning to fire 10% of the workforce
Anyone heard something?
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These bloodsuckers at Bain and BCG always come up with reorg and firing as first solution
They are brought in to take the fall. Don't forget it's the leadership who has the final say. They did it
Tbf personnel rationalisation is always the last solution brought up in any cost cutting exercise
It is Bain, and the information is partially correct. There is a org level call that will impact some employees as soon as next 1-3 weeks
I think they will fire people on pip.
How you got this info?
Bain is on retainer for Flipkart.
Will sister companies like Myntra and PhonePe be impacted as well?
The consultancy firms are just insurance brought in to remove liability from upper management !!