New Delhi: After CEO Binny Bansal’s CEOs abrupt exit from Flipkart following an internal investigation of alleged “personal misconduct”, at least 20 senior executives at the homegrown e-commerce major have reportedly resorted to job hunting.
According to a report in the Economic Times, senior executives at the Walmart-acquired company have reached out to headhunters to explore job opportunities at other e-commerce companies.
Following Bansal’s exit, Walmart, which owns a controlling stake in the company, is reportedly considering a merger of two of its subsidiaries Myntra and Jabong. Moreover, Myntra and Jabong have been brought under the control of Kalyan Krishnamurthy – who stepped in as company’s CEO post-Bansal fiasco.
A report citing few recruitment agencies said, with the buzz around a probable merger of Jabong and Myntra doing the rounds, more senior executives are likely to look out for jobs as there will be duplication of profiles after the merger.
“Integration has been long due for Flipkart. Also, with the change in management in any firm, there is bound to be movement, especially outbound, leading to more resignations,” Sunil Goel, MD at Delhi-headquartered search firm Global Hunt was quoted as saying in a media report. Global Hunt has received at least 10 resumes from senior executives at Flipkart over the last couple of days, the business daily further added.
Meanwhile, Bengaluru-based The Head Hunters India has reportedly confirmed conversations with at least half a dozen Flipkart executives in the past two days.