Flipkart has unveiled a 2025 Company Performance Multiplier (bonus) of 105% for eligible employees, as disclosed in an internal communication by Chief Human Resources Officer Seema Nair. The bonus is a reflection of Flipkart’s advancements in business, operations, finance, and people-related metrics, signaling sustained growth and progress towards profitability.
Bonus payouts for employees at SD and below levels are slated for March, while VPs and SVPs will receive theirs post the closure of the 2025 performance cycle. This move is expected to benefit approximately 20,000 employees within the company.
Following recent layoffs and preparations for its IPO, Flipkart appointed Nishant Verman as Senior Vice President, Corporate Development and Partnerships. Verman will concentrate on enhancing corporate development and partnership endeavors. Additionally, Sriram Venkataraman, Group CFO at Flipkart, is transitioning from his role, with Ravi Iyer set to oversee the broader finance function.
Source: Entrackr : Latest Posts