Flipkart has no plans to cut jobs, says COO Nitin Seth
Flipkart's COO Nitin Seth has said the company has no plans to downsize its workforce. "We had to go through that phase last year but with the growth we saw last quarter... and with February shaping up well, our growth cycle is back," said Seth. This comes amid reports of rival Snapdeal planning to lay off 30% of its workforce.