Jabong lays off 200-250 employees, merges operation with Myntra

The exit of Flipkart co-founder Binny Bansal seems to have created imbalance in the company. Today morning we learned that Myntra-Jabong CEO Ananth Narayanan and CFO Dipanjan Base have decided to resign.

Now, Jabong has decided to lay off a significant portion of its workforce in Gurgaon as a part of the company’s restructuring following the exit of Binny Bansal.

In a townhall meeting, Myntra and Jabong chief Ananth Narayanan told employees that letters pertaining to the layoffs will be...

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Flipkart [+]    Binny Bansal [+]    Myntra [+]    Jabong [+]    Ananth Narayanan [+]    Gurgaon [+]    Myntra and Jabong [+]   

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