Today we heard that the company cut 600 jobs and that there is a lot of confusion and chaos in its offices. The gravity of the situation can be ascertained from the email that Snapdeal founders have presumably written to the company employees. We are combining teams, reducing layers, eliminating non-core projects and strengthening the focus on profitable growth. And that point, we will be a self sufficient, profitable company. I am glad that we have picked our path clearly - of building a profitable business over the next two years.

Source: India Today February 22, 2017 13:04 UTC