In the last leg of the restructuring process, Walmart-owned fashion retailer Myntra has announced plans to create a unified workforce by bringing all of Jabong’s employees into its fold.
Sources in the know said that starting Tuesday, Jabong’s employees will move to Myntra’s payroll for all practical purpose though Jabong as an e-commerce platform will continue to operate for now. The company had a townhall meeting where the development was announced by Amar Nagaram, head of Myntra.
Jabong had around 400 employees in 2018, of which 180 people were laid off last year and 100 were absorbed by Myntra. The remaining 120 employees, the majority of whom are located in the company’s Gurugram office, will now be part of Myntra.