Myntra to lay off employees amid restructuring


Content Team
Image Credit: money control

Flipkart-owned fashion ecommerce platform Myntra has started a restructuring exercise, which is set to lead to layoffs. While media reports indicate nearly 50 employees being laid off as a result of the rejig, a Myntra spokesperson told Inc42 that some of the impacted employees might get placed within the Flipkart Group as the reshuffle is still going on. As a result, the number is expected to be less than 50.