Snapdeal planning to fire 1,000 employees to reduce losses
E-commerce startup Snapdeal is reportedly planning to fire 1,000 employees affecting 30% of its workforce in a bid to reduce losses.  About 5,000 contractual and 3,000 on-roll employees from Snapdeal’s logistics subsidiary Vulcan Express are also expected to be fired. The layoffs come after Snapdeal witnessed a number of top-level exits.