Flipkart removes Sachin Bansal over non-performance

August 22, 2016 7:47 pm
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Sachin Bansal, the CEO of India’s largest e-commerce firm Flipkart has made a shocking revelation about his removal as chief executive. Sachin who was replaced in January by Binny Bansal has said that he was removed as CEO because of ‘performance’ issue. Bansal’s disclosure, made at a town-hall meeting at the company’s headquarters in Bengaluru on Friday, comes after India’s largest e-commerce company said last month that it was laying off at least 300 people who were non-performers, leading to concerns and questions among employees.

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