Myntra To Lay Off Employees To Consolidate Operations
Fashion ecommerce major Myntra is laying off employees as part of a consolidation exercise, which aims to move its Gurugram-based satellite operations to Bengaluru.
Sources told Inc42 that the company aims to relocate certain roles into larger teams based out of Bengaluru, while some jobs will be phased out. The relocation and retrenchments will impact 50 employees of the company’s Gurugram-based catalogue team.
A source close to the company said that the move is aimed at centralising teams, streamlining internal processes and improving coordination. The Walmart-backed marketplace plans to offer severance pay, outplacement services and extended insurance cover to the impacted employees, added the source.
The source said that the relocation and layoffs are unrelated to AI implementation or performance considerations.
Inc42 has reached out to the company for a comment on the development.
Founded in 2007 by Mukesh Bansal, Ashutosh Lawania and Vineet Saxena, Myntra is an online marketplace which allows third-party sellers to sell their fashion products such as apparels and other accessories. The Bengaluru-based startup was acquired by Flipkart for $240 Mn in 2014.
The fashion ecommerce arm of Flipkart’s net profit zoomed about 18X to INR 548 Cr in FY25, up from INR 31 Cr in the previous fiscal year.
The development follows a broader pattern in the Indian startup ecosystem in the past two years. As per Inc42 data, homegrown new-age tech startups laid off more than 9,500 people in 2025 due to automation and growing focus on unit economics.
In December 2025, Inc42 reported that conversational AI startup Yellow.ai laid off more than 100 employees amid rising automation, sources told Inc42.
The trend has continued this year too. Last month, EV maker Ola Electric was planning to trim 5% of its workforce.
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