Walmart to merge Jabong with Myntra, axe falls on 200 jobs

Myntra CEO Ananth Narayanan. Photo: Hemant Mishra/Mint

Days after announcing that Myntra and Jabong would be rolled into Flipkart following Binny Bansal’s resignation as group chief executive, Walmart is set to carry out a massive layoff at Jabong and integrate the online fashion retailer completely into Myntra, according to three people aware of the development.

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