India, March 12 -- Most of the layoffs affected employees from ANS Commerce in sales, operations and tech teams. Many have lost their jobs as Flipkart moves towards streamlining its business, while the exact number of employees affected is not clear. Employees impacted by the shutdown may receive severance packages, but job security in the e-commerce industry remains uncertain. Some of them might be absorbed into Flipkart's other divisions, while others will have to look for opportunities elsewhere.

Will There Be More Layoffs at ANS?

Layoffs and the closure of ANS Commerce show that Flipkart is making difficult choices to increase profitability. This may make things easier for Flipkart, but it has been costing the company by raising con...