25 February, 2016, Bangalore: This week has been a roller-coaster ride for the ecommerce industry. First Google, Skype and many more giants like them had shut down their features such as ‘Google Compare’, ‘Skype’s Video Messaging’ etc. and now, it’s time for the Indian online retail giant, Snapdeal to let go at least 200 employees from its consumer service department.
As per the sources close to the development, they are opting for the second as the demands of the company’s performance improvement plan are almost impossible to meet. Company’s HR department has provided notice to at least 100 employees stating about the termination of their services.
“The process is still on and nearly 70 have been called in till now (Wednesday). Last trimester, which ended in November, employees were asked to leave in December. This time, before the end of this trimester, which is March, they are asking us to leave,” the person from the company said, reports ET.
In a similar sort of incident in December last year, around 150 employees were taken off from their jobs by the leading Indian ecommerce companies. These companies were backed up by some of the big players such as Alibaba, Foxconn and Softbank. According to the officials of Snapdeal, employees are asked either to resign or switch to performance plan in which, the person needs to achieve the targets set by the company. If the person fails to do so, he will be taken out from the job.