E-commerce major Flipkart shuts down ANS Commerce, lays off workforce

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E-commerce major Flipkart shuts down ANS Commerce, lays off workforce - Business Standard

Quick Summary:

"After careful consideration, ANS Commerce, a full-stack e-commerce enabler that was acquired by Flipkart in 2022, has decided to close its operations.

"To minimize the impact on employees during this transition, we plan to offer internal opportunities at Flipkart, outplacement services, and severance packages," Flipkart said.

E-commerce major Flipkart has shut down its arm ANS Commerce and laid off its entire workforce, according to a source.