Flipkart not giving increments to 4,500 senior employees in 2023
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Content TeamImage Credit: business standard
Walmart-led ecommerce giant Flipkart will not give salary hikes to 4,500 professionals working in senior positions in Grade 10 and above categories, which are inclusive of manager and vice president-level roles. Flipkart took the action to retain cash flow and focus on the company’s profitability, sources told Business Standard.