News · Commerce & Consumer Brands

Flipkart announces 105% bonus for employees

By Startup Enthusiast · 20 March 2026

What they do

Flipkart is an e-commerce marketplace that sells a wide range of products online

Flipkart announced a 105% Company Performance Multiplier bonus for around 20,000 eligible employees

The bonus comes alongside a layoff of about 300 employees as part of the annual performance review cycle

Flipkart announced a 105% Company Performance Multiplier bonus for eligible employees.
Around 20,000 employees are expected to benefit from this bonus.
The internal communication about the bonus was sent by Seema Nair, Chief Human Resources Officer at Flipkart.
Flipkart also laid off around 300 employees as part of its annual performance review cycle.
The company completed a reverse flip to proceed with its IPO.
Nishant Verman was appointed as Senior Vice President, Corporate Development and Partnerships.
Sriram Venkataraman, Group CFO, will transition out; Ravi Iyer, CFO, will oversee the broader finance organisation.

Flipkart is an e-commerce marketplace that sells a wide range of products online.
It operates in India and competes with other online retailers.
The company has a large employee base and a significant market presence.