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COVID-19: Snapdeal furloughs around 55 employees

E-commerce marketplace Snapdeal has put around 55 people on a 3-month long furlough, and has not renewed agreements with several of its contract employees, the Economic Times reported. Snapdeal has about 750 full-time employees, and the number of people furloughed represent around 7% of its workforce, the ET report said. A Snapdeal spokesperson confirmed to MediaNama that the company had furloughed some employees, and we are awaiting more details from the company. The move has reportedly affected employees across teams from product to marketing and sales, and they will receive their contractual dues and medical insurance for themselves and their families. It isn’t clear for how long they would receive pay and insurance, and we have asked Snapdeal about it. India’s e-commerce sector was among the most badly hit owing to multiple lockdowns in the country, starting from March. Snapdeal…

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