Flipkart Sets 105% Bonus Multiplier for 2025, With Staggered Payouts

Overview

• Employees at Senior Director level and below will receive payouts in March, while Vice Presidents and Senior Vice Presidents will be paid after the 2025 performance review closes.
• The decision was communicated by Chief Human Resources Officer Seema Nair, who cited gains across business, operational, financial and people metrics.
• Sources suggest roughly 20,000 employees could benefit from the company performance multiplier.
• The update follows reports of about 300 performance-linked layoffs tied to the annual review cycle.
• Chief Financial Officer Sriram Venkataraman has resigned with Ravi Iyer overseeing finance during the transition, and Nishant Verman has been appointed SVP for Corporate Development as reports indicate a completed reverse flip ahead of a possible India IPO.