Sources: Walmart's Flipkart faces sagging employee morale as Indian startup rivals power ahead with IPOs; at least eight VPs and SVPs have quit in recent weeks (Moneycontrol) — SkimNews
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- Flipkart is facing sagging morale at an organization, as Indian startup rivals power ahead with IPOs and erode its appeal to senior staff.
- At least eight VPs and SVPs at Flipkart have quit in recent weeks, according to sources cited in the report.
Why it matters: The eight senior departures at Flipkart land while Indian startup rivals are heading toward IPOs, meaning employees who once bet on a Flipkart listing may now see faster, more lucrative equity outcomes elsewhere — making retention of its VP and SVP bench the immediate pressure point for the Walmart-owned unit.
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