Industry Newse commercemyntrarestructuringlayoffs
Myntra Consolidates Gurgaon Team Into Bengaluru Headquarters
5.0
Fashion e-commerce platform Myntra is consolidating its Gurgaon catalog operations into its Bengaluru headquarters and has laid off around 50 employees, sources said on February 6, 2026. The consolidation centralizes teams, relocates select roles with assistance, and offers severance, outplacement and extended insurance to affected staff. The move aims to reduce duplication and improve collaboration by integrating roles into larger Bengaluru-based teams.
Key Points
- 1Laid off around 50 employees from Gurgaon catalog operations; some roles relocated to Bengaluru.
- 2Centralized leadership and teams in Bengaluru to reduce duplication, improve collaboration, and speed decisions.
- 3Offers severance, outplacement, relocation assistance; signals broader consumer-internet cost and structure reassessments.
Scoring Rationale
Moderate company-level significance with clear sourcing; limited novelty and narrow scope restrict broader industry impact.
Sources
Public references used for this report.
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