walmart downsizing presentation

Downsizing at

About Bharti Wal-MartJV between Bharti Enterprises and Wal-Mart50:50 stakes in Bharti Wal-Mart Pvt LtdWholesale cash-&-carry stores and back-end

supply chain management operations19 Best Price Modern Wholesale StoresProduct range offers items across multiple

categories

BackgroundWal-Mart and Bharti end India ventureWal-Mart will acquire Bharti’s 50% stakeWal-Mart will control the cash and carry

business, where 100 % FDI is allowedBharti will operate the Easyday retail stores

in the country for which Wal Mart had provided back-end support

Wal-Mart has to scout for an Indian partner before stepping into the multi-brand retail space.

Why was the breakup expected?Retail business requires deep pocketsLow margins, high costsPolicy uncertaintyPolitical uncertainty

Downsizing & its implications

Walmart’s India operations account for about 1,000 employees.

About 100 Wal-mart employees in India fired due to downsizing

Choice to relocate to other citiesChoice to opt for Walmart or BhartiLow employee moraleRaj Jain, ex Walmart India head moved to Bharti

RetailKrish Iyer was named Walmart India’s new head

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