There will be no pay cut amid coronavirus pandemic: Flipkart
New Delhi : Walmart-owned ecommerce marketplace Flipkart assured its employees on Friday that there will be no pay cut and all job offers will be honoured, including internships, during the coronavirus pandemic.
In a virtual townhall, the first after the ongoing 21-day nationwide lockdown was put in place, Flipkart Chief Executive Officer Kalyan Krishnamurthy assured over 6,000 employees that Flipkart was "financially healthy".
"Flipkart is safe and (financially) healthy. There is no cause to worry. And the key priority is to keep all employees safe," said a person who attended the meeting citing the key takeaways from Krishnamurthy's address.
Flipkart has been experiencing the major drop in its business due to lockdown. Its top-selling categories such as smartphones, electronics and large appliances became unavailable.
The company's fashion portal Myntra has also suspended its services during the 21-day lockdown.