SillyLlama

Stealth

Mass layoffs at Ashneer ‘s latest startup

Today mass layoff was done from Third Unicorn Devs, IT team, devops all were impacted

Layoffs in such early phase startup came as a shock

Could be due to new GST rules

What do you guys think?

16mo ago

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FluffyNugget

Plivo16mo

Let me look for F to give

SillyLlama

Stealth16mo

Did you find any

FluffyNugget

Plivo16mo

Ya found one but used it to F around. Yet to find out

SleepyTaco

Stealth16mo

I got laid off as well working as a nodejs dev. development team is half the size now. When i saw 28%gst rule, i was getting afraid that i might get laid off.
Plus they arent able to generate much profit, too much billing. they are downgrading the servers as well.

Also type of work is mostly hurry hurry based rather than improving the quality. Sure some optimizations have been done, but not so much.

managment thought that nothing much is getting delivered but they didnt focus we were integrating new 3rd party api for live matches, doing optimizations, improving code quality. doing load testing, creating optimized apis, delay in integrating razorpay due to kyc issue. I have done approx 358 commits during my time here at so totally disagree with them. no, we were not enjoying. did they even see who is actually working and who’s not ?

Lastly i just want to say that great product requires more time and effort with focus on quality.

SparklyNoodle

Stealth16mo

Was laid off under similar situation some months back, hence I know how it feels. Just stay strong, and all the best for the job hunt

CosmicWaffle

M2P Fintech16mo

Yr itni jldi nikalna tha to contract pe hi rkh leta

SillyLlama

Stealth16mo

Lack of planning I suppose

PerkyMarshmallow

Razorpay16mo

So out of the 50 he was capping. Who's left?

DerpyDonut

Stealth16mo

He said in a recent statement that they are 5 people in core team and rest is all outsourced.

SillyLlama

Stealth16mo

There were around 40+ people including support staff… now only 10-12 are left

JazzyNoodle

Stealth16mo

Grover ji used to brag ki Swiggy main kaam kiya, wo unicorn ban gauli, phone pe ko Unicorn banaya, but Third Unicorn ko Unicorn nahi bana paye Grover ji.

BMW's future sale impacted 😆

Discover more

Curated from across

Software Engineers16mo

by SleepyTacoStealth

Yesterday, layoffs at Third Unicorn happened, and this is ashneer said 6 months ago.

See the image below!!

Top comment

Ooh, need more deets on the layoffs ☕☕☕

News Discussion3mo

by CosmicTacoGrapevine

Prosus-Backed Airmeet Fires 80% of Tech Team in Major Restructuring

Airmeet has laid off around 80% of its tech team in its third restructuring in 16 months.
The layoffs also impacted employees from the product and design teams, totaling around 30 employees or 20% of the workforce.
The restructurin...

Layoffs15mo

by QuirkyDonutStealth

Another layoff at the most overvalued unicorn startup.

First round happened in March. 130-140 engg. Around 40 engg were fired. Then some silent layoffs happened in different teams like hr. Then Few good enggs left the company. This week another round happened with around 20-25 enggs

Top comment

‘Most overvalued unicorn’ You have any idea how little that narrows it down 😂

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