Snapchat layoffs - 529 employees

How is the Product Management market in India? I have been hearing that compensation for PM roles are coming back to pre-Covid times (a few exceptional people I knew got laid off but found higher paying opportunities within weeks) Source for the Snap article: https://www.teamblind.com/post/Snap-revamps-product-org-lays-off-20-PMs-bteQbBib

Layoffs are happening at Sharechat starting today. Each division is being asked to join a call and they are being announced. First call with product org - around 50 folks were impacted

This morning, ShareChat laid off twenty percent of it's entire staff. The laid off employees were locked out of their system and received the communication of their lay off in their personal email. This is the biggest layoff by ShareChat so far. Many of the features of the ShareChat and Moj app have been told to shut down and their entire team is fired. The employees are offered 45 days of severance pay, leave encashment, bonus and are allowed to keep their system with them.

Can we please share the companies which are laying off and kind of roles laid off? 1. Goldman Sachs -Consumer Banking 2. Twitter -Marketing If you have any other companies also please post in comments

Simpl has laid off over 25 per cent of its workforce, which is around 150-200 employees, this week, https://www.timesnownews.com/business-economy/companies/layoffs-intensify-another-indian-startup-announces-job-cuts-says-re-looking-headcount-to-prepare-for-new-economic-reality-details-article-99632767

Reason - the team wants to accelerate timeline to profitability To those affected really sorry this community is here for you!

Google has today announced layoff in India as part of their global layoffs