Many companies doing it, even Zoom laid off entire teams in India.

Software Engineer

PayU India had a silent layoff

Lead Data Scientist

PayU India had a silent layoff- Grapevine

Welcome to Fintech India's Private Community

PayU India going to start conducting layoffs starting Sept 23

Heard that Paytm is planning to layoff 10% of entire work force. Across all levels.

Heard cases that folks who were hired at market premium less than 30 days ago are now being asked to leave the organisation. 

And the layoffs will be hidden under the guise of mid year appraisals. #PaytmKaro

Layoffs coming up at Paytm

Data Scientist

Hi Guys,
The management at Paytm has informed around 30-40 % will be laid off in May end.

I will be affected by Paytm layoffs as list is being prepared.
Any referrals/leads for backend software Engineer(tech stack Scala,Kafka,SQL,AWS ) would be helpful as I had joined Paytm as fresher last year.Total experience will be 1 year in June.

Laidoff by paytm

Software Developer

Welcome to Indian Startups's Private Community

Is this true?

Their consumer lending app has been pretty much shut for a while and tough competition fused with frequent management diktats seems to indicate that this might be true.

Silent layoffs - BharatPe

Welcome to News Discussion's Private Community

PayPal layoff 7% of its workforce. Around 2000 employees get laid off.Can anyone confirm?

PayPal layoff

Project Coordinator

Welcome to Office Gossip's Private Community

Their consumer lending app has been pretty much shut for a while and tough competition fused with frequent management diktats seems to indicate that this might be true.

BharatPe laying off people silently

Almost 50% of the org got no increments
People with "exceeds" rating got single digit increments
Only promotion cases have got early to mid double digit increments
Promotions have been significantly fewer this time, max people have been told to hold off their expectations of promotions for another year

The reasons cited were economic slowdown, other companies like Microsoft, Flipkart, swiggy, Amazon doing the same and cost cutting. I think things are getting toxic and the majority of employees have been left disappointed.

Razorpay increments - sad state

Founder

Welcome to Software Engineers's Private Community

I have been hearing from multiple friends across organizations in India. Lay offs are not in news but happening silently across boards. Companies are on cost cutting mode. Interesting year ahead

Silent layoffs happenings across organizations

Thank you for sharing this. 
  
 Was not knowing about silent layoffs happening. 
  
 But one interesting thing I have observed is that many organizations are now deliberately making the work environment more pressurised and/or toxic to reduce the headcount so that they don't need to layoff people.

Software Test - QA

Paytm layoffs

Product Manager

Just got to know internally that Unacademy is planning another round of silent layoffs in October.

No severance will be paid. Or any benefits.

PayU India had a silent layoff

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