I was taken out because of performance, says Flipkart co-founder Sachin Bansal

| Sunday, September 4, 2016 - 07:10
First Published |
Flipkart, Sachin Bansal, Binny Bansal, Flipkart news, Amazon, Flipkart CEO,

Sachin Bansal was replaced as the CEO of Flipkart was Binny Bansal on January

New Delhi: Most of the Flipkart employees who personally suffered due to the downsizing of the company have bitter words to share among themselves about those at the 'top'. But when Flipkart co-founder Sachin Bansal spoke about the grotesque scene behind the unpleasant smoke, he did more than just quell their disquiet.

On a meeting on Friday where heated discussions took place pertaining to employees bearing the brunt for disgruntlement at the top, Bansal immediately diffused tensions by admitting that it was his performance which had led to his departure from the company.

"Look at the top level around you. Everyone has changed. In fact, even I am gone. Some of our targets have been missed and everyone, including the top management, has paid the price," Bansal's admission was aligned with the downward trend that Flipkart saw earlier this year, with many prominent employees packing their suitcases one by one.

Sachin Bansal was replaced as the CEO of Flipkart by Binny Bansal on January.

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