Flipkart not to take 40% space in new campus to cut costs
E-commerce platform Flipkart has decided not to take up 40% office space at the company's new campus in Bengaluru, to cut costs. Flipkart, which is undergoing a restructuring drive, will now take 12 lakh sq ft office space instead of the earlier plan of occupying 20 lakh sq ft space. Flipkart in September reportedly fired 1,000 people over underperformance.