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Snapdeal employees may lose wealth worth crores promised under ESOP's

Snapdeal employees may lose wealth worth crores promised under ESOP's

Friday, April 14, 2017, 3:50 PM

Former senior employees of e-commerce firm Snapdeal who were lured through attractive ESOPs are a worried lot these days. Recently, founders, Kunal Bahl and Rohit Bansal, tried to assure the existing employees that the well-being of employees is their top and only priority. ESOPs are benefit plans that are offered to employees in the form of stakes in the company which can be liquidated.
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