Obviously Flipkart will bleed to death
Flipkart has built a good business. No doubt about that.
However, it is just a copy cat business and pays AMAZING salaries..more than AMAZON for sure…the head of HR gets a salary of Rs. 35 crores – read it again – 35 crores…here..read on…
https://qz.com/876962/no-wonder-flipkart-is-bleeding-these-ridiculous-salaries-will-put-you-in-depression/
nitin
that too when they are in loss
Sanjay Singhaniya
Hello Subra sir,
The article mentions that the salary includes ESOP. So we really dont know the cash component of the salary.
“The remuneration figures cited include a significant portion of liquidated ESOPs that had been accumulated over the years”