SAP's CTO Resigns Amid Controversy

- Wipro's Chief Technology Officer Subha Tatavarti resigned on August 12, effective from the close of business hours on August 16, 2024. - Tatavarti joined Wipro in March 2021 and operated out of the San Francisco Bay Area. - This resignation follows a series of high-profile exits from Wipro, including COO Amit Choudhary and APMEA president Anis Chenchah. - Analysts are concerned about Wipro's declining revenues and market share, despite recent leadership changes aimed at business growth. - In 2023, Wipro saw over 10 senior leaders leave, raising concerns about the company's stability and future direction. Source: [Moneycontrol](https://www.moneycontrol.com/technology/wipro-cto-subha-tatavarti-resigns-to-pursue-opportunities-outside-company-article-12794337.html)

What does it mean for employees if CRO of a listed company sold major chunk of their shares and is looking to exit? Should we start looking for new gigs?

- Prakash Ramamurthy, Chief Product Officer of Freshworks, has resigned to pursue another professional opportunity. - He will assist the newly appointed CEO, Dennis Woodside, until October 1 to ensure a smooth transition. - Chief Financial Officer Tyler Sloat will take on the additional role of Chief Operating Officer. - The company has also hired Philippa Lawrence as Chief Accounting Officer. - This resignation follows a series of management changes, including the appointment of Mika Yamamoto as Chief Customer and Marketing Officer and the departure of CTO Shan Krishnaswamy. Source: [Moneycontrol](https://www.moneycontrol.com/technology/freshworks-chief-product-officer-prakash-ramamurthy-resigns-amid-management-rejig-article-12797109.html)

After a confirmed research, following resignations are happening at Unacademy, resulting in a massive instability in the organisation 1. CHRO 2. COO 3. CTO 4. VP IT & ADMIN 5. CBO ( JM) 6. HEAD OF OFFLINE CENTERS 7. GENERAL COUNSEL 8. IAS COFOUNDER Adding to this, following BU's have been shut 1. Content Growth 2. Coheshve 3. Next Level TRULY SAD TO SEE THE HOUSE OF CARDS FALLING DOWN.

SAP is restructuring 8,000 jobs to focus on AI. Some employees at SAP could be asked to leave voluntarily. This restructuring aligns with a global trend of companies prioritizing AI initiatives.

VC here. Doing this for fun. Don't take all views seriously.

You know a company is a sinking ship when...

What the f is happening

Cleared all the rounds and even sent the HR the documents they asked for. They also said I would have to relocate to Mumbai. However it's been more than a week and they haven't rolled out an offer letter. HR said that since they invested so heavily in IPL, they are trying to reassess their budget for this quarter, that's why it's taking so long. Should I be worried? I have a feeling that I even if I get an offer they might try to lowball me/lay off later.