IIM-Ahmedabad asks Flipkart to address placement issue

After e-commerce major Flipkart delayed the joining of 18 new recruits and management trainees by 6 months and offered Rs 1.5 lakh as compensation, Indian Institute of Management, Ahmedabad (IIM-A) has raised concerns over the move in a strongly worded letter written by the institute’s placement chairperson. The letter addressed to the company’s top brass including Flipkart CEO Binny Bansal has IIMA’s placement committee chairperson Asha Kaul pointing out that students needed to repay loans and had chosen the firm over other opportunities that were on anvil.

In the mail, Kaul is known to have asked the firm to guarantee jobs to students, to shorten the delay of the deferred placements and termed the compensation of Rs 1.5 lakh offered by the firm as ‘unacceptable’.

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She is also known to have asked the firm to solve the issue amicably through a conference call with ‘relevant stakeholders’ including other IIMs who were also copied on the mail. Sources said IIM Bangalore and Calcutta would be among others that may be part of the conversation, as it has been a recruiter at these B-schools since last few years.

While Kaul was unavailable for comment, IIMA’s media secretary Sanjay Koushik said, “..we have only received a mail from Flipkart with the same contents that it had sent the students .. However they have not given any direct response to our letter yet.”