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The Economic Times
The Economic Times
Pranav Mukul and Disha Acharya

Former Flipkart group employees launch petition seeking inclusion in proposed $2 billion Esop buyback

Former employees and executives of the Flipkart group are mobilising thousands of ex-staffers to press Walmart for an exit for their vested employee stock options (Esops), as the issue gathers momentum.

On October 10, a group of former executives launched a petition aiming to bring together 20,000-30,000 former employees of Flipkart and its group companies, including Myntra, Cleartrip, Shopsy, Super Money and ANS Commerce. The petition calls for their inclusion in the planned $2 billion Esop buyback.

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