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Jabong jobs at risk in Flipkart restructuring
Walmart to lay off 200 at Jabong today, merge it with Myntra
In all, Jabong, which was acquired by Flipkart’s fashion unit Myntra in 2016, could lay off 40-50% of its 400-strong workforce.
Flipkart Fashion and Myntra will continue to be run independently, although it is not clear how much focus will remain on Jabong and if it will continue operations.
Walmart to lay off 200 at Jabong today, merge it with Myntra