SquishyDumpling
SquishyDumpling

Silent layoffs upcoming ๐Ÿ˜”

I got to know a senior leadership member at a popular startup suggested to deliberately do poor appraisal for an employee so that she resigns herself.

Bad times ahead with companies forcing employees to join back offices and planning silent layoffs.

PS: By "forcing" I mean not leaving employees with much of an option other than to quit.

21mo ago
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CosmicPanda
CosmicPanda

All the excess hiring is finally catching up. Donโ€™t worry the seniorโ€™s job is next on line the way things are going.

TwirlyMuffin
TwirlyMuffin

These are not new things and happen all the time.

FluffyNugget
FluffyNugget
Plivo21mo

These bad times donโ€™t look widespread. Some posts or data where freshers are securing 2022 level packages and even same company which laid off is hiringโ€ฆ It looks bad in small pockets.

SquishyDumpling
SquishyDumpling

Read somewhere on grapevine that a fresher was offered 40LPA ๐Ÿ™ƒ

ZestyQuokka
ZestyQuokka

Another gave 65LPA with 37 base. FML

GigglyPotato
GigglyPotato
Slice21mo

Can you please share the name of this startup? So people who got offer can avoid joining it

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