The battle to become the ruler of the eCommerce world is a tough one to win. With giants like Amazon, Alibaba and others, it’s hard to break into the online sales arena and maintain a strong lead.
India eCommerce company, Snapdeal, is feeling the heat of online sales competition with its most recent announcement. The online marketplace shared that it is “restructuring” by laying off employees. The number of layoffs is said to be between 500 and 600 people.