6,500 Flipkart staff hunt for jobs

Bengaluru: Something is not quite right at the county’s e-com rockstar, Flipkart, after it hit a $16 billion Walmart jackpot in May this year.

If sheer data is anything go by, over 6,500 employees of Flipkart and its subsidiaries, including Myntra, Jabong, PhonePe and Ekart, are actively job hunting on the country’s top notch career site, Naukri.com.

A research found that some 5,275 Flipkart employees, across all profiles and seniorities, have floated their CVs on the portal of which 2,031 are from the company’s home-town, Bangalore. If you take a close look at the profiles of these applications, some 188 are senior professionals and directors (deputy, senior, associate) earning above `30 lakh plus per annum.

Some 700 employees of Myntra and 519 employees of Jabong, the fashion and lifestyle brands of Flipkart, too have posted their CVs on the job portal. These job seekers include 27 and 16 senior execs from Myntra and Jabong respectively.

Though strange, it looks like almost 50 per cent of Jabong employees are on a career search. Some of these profiles include logistics, testing, business analysis, software development and data analysis.

Meanwhile refuting media reports of a possible exit of Ananth Narayanan, the CEO of Myntra and Jabong, the company said he will continue to lead the team.

Interestingly, some 80 per cent of these job applications have come on the portal in the last two to three months, observe recruiters. Also, the number of Flipkart employee profiles out in the job market could only go up if other job portals and career platforms are researched, say recruiters.

B.S. Murthy a top tech hirer and CEO of Leadership Capital said, “Looks like India’s e-com poster boy Flipkart is heading towards a serious attrition issue if employee concerns and career future issues are not addressed immediately.’’

A senior Flipkart executive said, “Prior to the Walmart deal, there was a lot of hype and hope about being part of a global giant. Few employees are positive now.’’
Internal sources say, a bunch of senior execs in Binny’s coterie may be asked to leave by CEO Kalyan Krishnamurthy.

With reference to the recent speculation about a half of Jabong’s workforce would get pink slips, the temp staffing firm TeamLease said this move was just an indication and outcome of the merger.

(Except for the headline, this story has not been edited by The Kashmir Monitor staff and is published from a syndicated feed.)