Conglomerate news and trends

India’s Future Group Cuts eCommerce Venture, Lays Off About 400

January 20, 2020
India, Conglomerate, Future Group, Kishore Biyani, Downsizes, Retail, Staff, layoffs, amazon, news
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India’s Future Group Cuts eCommerce Venture, Lays Off About 400

January 20, 2020
Future Group, the Indian conglomerate headquartered in Mumbai, is downsizing its eCommerce division Retail 3.0 and laid off 350-400 workers, Livemint reported Sunday (Jan. 19), citing four sources who were former employees. The layoffs affected sales, product development, marketing and ground operations and took place over the last few months, two sources said. The company […]