Flipkart shuts down ANS Commerce, lays off entire staff: Report

Flipkart has shut down ANS Commerce three years after acquiring the e-commerce services company. The e-commerce major reportedly laid off the entire workforce of ANS Commerce. Confirming the closure, Flipkart said, "To minimise the impact on employees during this transition, we plan to offer internal opportunities at Flipkart, outplacement services and severance packages."