Myntra Undergoes Restructure Exercise: Jabong CBO Resigns, 400 Employees Get Demoted

Myntra Undergoes Restructure Exercise: Jabong CBO Resigns, 400 Employees Get Demoted

SUMMARY

Myntra Will Now Cater To Mass Offerings While Jabong Will Be Pushed As A Premium Brand

As part of a massive restructuring exercise, 400 employees of Myntra’s fashion subsidiary Jabong, have been reportedly demoted by at least one level including Kalyan Kumar, the Chief Buying Officer at the company.

The development was first reported by MoneyControl.

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