Loop is unhealthy!

Hey Does anyone here have any intel on Loop Health's work culture? What are the people and founders like?

Hey Does anyone here have any intel on Loop Health's work culture? What are the people and founders like?

I know sometimes we refrain from saying too much about our company. But exes can usually be talked about, since there's not much holding back. Maybe it helps someone else avoid a mistake you did, or gain a new learning :p Shoot.

In a shocking turn of events, a former employee at MoEngage, while serving their notice period, reportedly downloaded over 1,000 files, including confidential pitch decks, proposals from active deals, and sensitive product documentation, onto their personal device. This individual allegedly shared the stolen data with a competitor they were preparing to join. As a result, this competitor has started appearing in all of MoEngage’s deals, armed with insider information, and MoEngage is facing unprecedented losses against them. The IT team at MoEngage flagged this alarming activity, and the former employee is now facing legal prosecution.

Posted in r/developers

Link: https://inc42.com/buzz/unacademy-fires-another-250-employees-to-turn-profitable/

50% layoff at a Bangalore based health tech startup. Founder had no shame or guilt. Has raised funding recently but chose to fire people again. This is the third layoff in the last 1.5 years. Terrible management, declined variable pay. Severance is to paid in the next 4 months. Just trying to pivot the company into ‘AI’ without any plan whatsoever.

It's getting dirtier by the day and sure some orgs are still up to their dirty tricks. The models: - Appraise and then Lay Off: Why bother putting bandaid on a stab wound? Anyways the folks are going to fight how to answer the ..why were you laid off war, and now you are adding another twist.. why were you appraised and then laid off? - Low appraisals to force quit: Undervalue them so they leave on their own. It’s a leeches way to cut costs. Kill morale 100%. Severance penny spent $0. - Trap them in PIP: Dress it up however you want - very very few escape this death sentence. - Silent treatment: No assignments, No meetings. Watch them spiral into anxiety and leave to save their sanity. - Workload overload: Drown them in work until they break. No need for layoffs list until they make it to your collapse list first. - Strategic reorg: Re-organize them out of existence. Offer a demotion or a proxy role in a random team that you know they dont want as an alternative. - Sudden policy changes: oh! I have seen so many I can't keep up with this one. New policies that make their life hell. People leave to escape your pettiness. - Mandatory relocation: Demand they move to an undesirable location. Then you treat remote employees like outsiders. Exclude them from key projects, conversations until they feel like foster care kids, second-class citizens. You know the outcome from there on. - Use the "Culture Fit" excuse: Call out how they’re not a culture fit. Vague, unchallengeable, and forces them out without severance. And don't sell me "the org has got to do what it has got to do to survive" line. I don't buy that If you have seen this being done, I understand your silence, but I don't value it. If this has been done to you or someone close to you, I am sorry. Orgs and the people failed you. We could be 1000x better than what we are operating as.

I just across this news, I mean really? He is CEO? How people's supported this mindset? Why people's still working in OLA? Is it because they fear sacking? Bhai life important hai naukri toh aari jaati rahegi. https://www.ndtv.com/india-news/ola-ceo-calls-for-70-hour-work-week-doctor-warns-of-premature-death-risk-6088231