E-commerce giant Flipkart was recently reported to defer joining dates of its most recent batch of campus recruits from June to as late as December. IITs are not the only one's displeased, as Flipkart has similarly deferred the joining dates of new Indian Institute of Management (IIM) recruits. This move by flipkart might make it lose its 'day one' status in Indian Institutes of Technology's (IIT's) campus placement programs.
The placement committee chairperson of the prestigious institute IIM-A sent out a strong worded email to Flipkart CEO Binny Bansal. The institute said, in its email, that the sudden decision by Flipkart to delay joining dates of students, from July to December 2016, and offer just Rs 1.5 lakhs as compensation is "utterly unacceptable." Also, it demanded that Flipkart guarantees the job for all the selected students.
As a reply to the e-mail, Flipkart has made a clarification blog post on its website titled, "Why has Flipkart delayed the joining dates of new campus hires." The blog post read "As an organization, this was a tough decision to make. We understand that it will disappoint a few students in the short term. However, we believe that it is important for us to bring our new campus recruits into an environment that is conducive to their learning and overall development."