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Snapdeal trouble's affect Vulcan Express operations

Snapdeal trouble's affect Vulcan Express operations

Thursday, February 23, 2017, 1:00 PM

Snapdeal is reducing the size of operations of its logistics arm, Vulcan Express, by more than half. Vulcan express currently handles 30% of Snapdeal’s orders which will be reduced to 10%. Delivery boys and other employees who are on third party payrolls, have already been asked to leave. Vulcan posted a five fold increase in its losses at Rs 20 crore in FY15.
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