Source: The Economic Times India
MUMBAI: More than three dozen Walmart India executives who were recently laid off have written a letter to the US retailer’s headquarters in Bentonville, terming the layoffs unfair and unrelated to performance. ET reported on January 13 that nearly 100 employees at its local unit were terminated, with the American retailer saying the next day that 56 staff members had been asked to leave.“We have written to them individually as well as a group because the company went ahead with the firing process even after an assurance in December that there will not be any layoffs. Some had even threatened to be whistleblowers in recent real estate deals where due process was not followed,” said three former executives who were part of the communication.“The US retailer has responded to our mail and a team from US compliance and ethics department could visit India to do a thorough investigation.”73642255 Responding to a query by ET, Walmart said the company has built a strong compliance and ethics programme in line with its culture of integrity. “We take all allegations seriously and will review these accordingly.