How to change a 100+ years old company culture to a failed startup

Guys who are currently working at Nielsen Media how's the work culture ? Heard they hired most of the Byju's folks from management level to fresher level as well. Also heard that they are recently setting up their business in India. Actually I have an offer from them and was thinking shall I join them or not as there is lack of clarity regarding work culture and other things.

I have been talking to a few companies, across different size bands. Only Indian startups seem to obsessed with full week WFO/Micromanagement. A few years back, startups were known for being more flexible, now it just seems to be the reverse.

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.

How is the company doing? Is it also in trouble like zestmoney or have they cracked the business model? And how is the leadership team like

How is the work culture at Medibuddy? Asking specifically on the tech and product side of things People who are there or have worked do share your thoughts

Posted in r/developers

I've been observing a concerning trend lately on this platform, and I believe it's high time we rethink the way we treat startup founders. Take a moment to consider the dedication and courage it takes to leave a secure job and venture into the world of entrepreneurship. I feel Companies like Dukaan, AppX etc were unnecessarily mocked here based on one side of opinion, I've had the privilege of working closely with a startup's CTO for the past two years, and it's been an eye-opening experience. Startups are like fragile ecosystems where every member plays a crucial role. However, what I've noticed is that sometimes employees who find it challenging to keep up with the dynamic startup environment tend to cast blame on the founders and the company culture. Let's remember, every startup is a journey of learning, growth, and innovation. Founders make mistakes, learn from them, and strive to create something meaningful. They invest their time, energy, and resources into building something from scratch. Instead of mocking them, we should applaud their courage and determination. But, what's even more disheartening is the toxic behavior exhibited by some employees here on Grapevine. It's disheartening to see individuals intentionally targeting someone's reputation due to personal grudges. Instead of resorting to negativity, let's try to understand the challenges startup founders face. Put yourself in their shoes; empathize with the pressure, uncertainty, and sleepless nights they endure to bring their visions to life. We should strive to be a community that supports and uplifts one another, especially those who are trying to make a difference in the business world. Let's promote constructive criticism and empathy, recognizing that we all have our unique journeys, struggles, and successes. #SupportStartups #EmpathyMatters #GrapevineCommunity 🌟

Working at a Paytm subsidiary. My manager left the firm 6 months ago and instead of hiring a replacement I was given all his work with no increment or bonus. I worked my ass off and ensured there were no issues. Come appraisal time, no promotion, 5% increment, lot of bonus esops with (5%, 5%, 10%, 10%, 70%) vesting. This is the most weird vesting period I've come across and almost looks they are trying to trap me into staying here. My experience is not unique. A lot of senior people left last year and they haven't hired but rather dumped their work on juniors. I feel like an idiot for trusting the firm to reward my work.

The company did around 10-15% silent layoffs in the last cycle by putting people in PIP. My Manager told me that he has pressure on him to put at least 1 or 2 people in PIP, make them leave the company and reduce costs. Later, the company did as low an appraisal as 2%. Senior folks are leaving specifically Frontend Developers. Salaries of a lot of SDE-2 are below 30 LPA. They have started new positions called Product Developers which will do the same work as SDEs but with a lesser package. PD-1 salary is around 10-12 lakhs and of Lead PD is 20-22 lakhs. The company is putting itself in a position where it wants people to leave on their own. There are almost zero perks in the company. The team outing budget is a joke which is 2k INR per person per year. That is 500 rupees per person per quarter. Also making office mandatory from November.

"BYJU’S grew considerably since our first investment in 2018, but, over time, its reporting and governance structures did not evolve sufficiently for a company of that scale. Despite repeated efforts from our Director, executive leadership at BYJU’S regularly disregarded advice and recommendations relating to strategic, operational, legal, and corporate governance matters. The decision for our Director to step down from the BYJU’S Board was taken after it became clear that he was unable to fulfil his fiduciary duty to serve the long-term interests of the Company and its stakeholders." https://techcrunch.com/2023/07/24/prosus-questions-byjus-governance-says-indian-edtech-regularly-disregarded-advice/?tpcc=tcplustwitter