Myntra may lay off around 50 employees as part of the company's restructuring plans, particularly impacting roles across verticals and in-house brands. This move is said to be part of Myntra's new strategy which plans to focus on select private labels rather than scaling a number of in-house brands that it had started in the apparel space. Myntra has opened up opportunities for its affected employees to take alternate positions wherever available within the organisation, as well as in group companies.
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