Future Group scales down e-commerce operations, 400 laid off (www.livemint.com)

kishore biyani
kishore biyani

Kishore Biyani-led Future Group has scaled down its e-commerce venture, Retail 3.0, and laid off 350-400 employees. Also, Future Group recently shutdown many of its EasyDay stores given very little traction for its EasyDay grocery app.

FYI: Future group has already partnered with Amazon India as its online (exclusive) partner.