Sunday, 28 February 2016

Snapdeal lay off reports go viral on social media

Online shopping portal Snapdeal is reported to have lined up more than 200 of its employees for pink slips. Employees have been protesting outside the Gurgaon office all day and social media has been abuzz with contradictory reports about the exact number of people being laid off.
The company had recently reported huge losses and had earlier been in the news as it came in for criticism when brand ambassador Aamir Khan got caught up in the intolerance controversy.
The company, however, claims that it had only asked non-performers to undergo a performance improvement programme and some have chosen to voluntarily move on.
According to a source, more than 1,000 people from the customer care team were asked to undergo a 30-day Performance Improvement Plan (PIP). The performances of these employees were tracked over the last few months and their ratings were taken into account before they were pulled up for unsatisfactory performances and asked to 'improve or leave'.
The Snapdeal source said while some refused to undergo the PIP and put in their papers, others agreed to take part. Some of the employees who did undergo the PIP were put on notice when the company saw no improvement in their work.
Sources say this is the first time a review of this sort has taken place and many are speculating that this is just a way to cut losses just ahead of the 2016-2017 Budget announcements and the appraisal season.
"There have been no layoffs at Snapdeal. As part of the on-going performance management and development programme, some team members at our contact centre have been offered PIP.
While many team members have opted for this opportunity to improve the requisite skills set, some team members have desired not to undertake this and have instead decided to move on voluntarily," said the company spokesperson. Snapdeal has also denied the social media reports that claim that about 600 employees have been sacked.

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