Ex-Flipkart Executives send letter to Walmart with a request to buy out their stock options; say: We are not asking for something that is unreasonable, but what is … – FinSiddhi

Ex-Flipkart Executives send letter to Walmart with a request to buy out their stock options; say: We are not asking for something that is unreasonable, but what is …

A group of former Flipkart executives has written to Walmart requesting a buyout of their vested stock options. They express concerns over the indefinite delay of the company’s IPO, which affects their opportunity for liquidity. Current employees have had access to a stock buyback program, further emphasizing their demand for fair treatment. The former executives argue their significant contributions to Flipkart deserve equal liquidity opportunities.
Read more at Times of India

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