How bad is this industry?

Hi everyone, recently i interviewed for a product position in hdfc bank. I did well and was asked to submit documents for offer release. Everything was going fine. But, a couple of days later, I was told that there's a hiring freeze in hdfc. Can someone confirm this? Thanks in advance.

Hi Everyone, I would like to know if there's a hiring freeze at HDFC Bank? Any Idea why the hiring is on hold and when it's gonna reinstate? Has anyone joined HDFC bank lately?

A lot of you might have seen the HDFC bank video where a senior executive got batshit crazy at his juniors and was yelling at them. This is my story of a a similar experience in a well funded NBFC. Hint: Aye Aye So, i joined this NBFC startup with a cushy package, let's say 35 lpa in 2021, to transform the corporate. Joined in a leadership role but the reality hit too soon. The work environment was too toxic. People didn't know how to behave, the leaders are monsters and there were no weekends for straight 4 months. I started yelling at everyone around me and i was stressed 24/7. One fine day, i went straight with a fuck you and resigned from the job, took a pay cut and rejoined corporate. I joined there from an MNC. Life is smooth now. Remember, if your think Banking sector is bad, NBFCs are worse and the startup players are a notch below. Pay cuts are bad, it took me two years to get back to market. However at all of our lives, it is very important not to promote this shitty culture.

News of jpmc doing layoffs after Morgan Stanley last week is out. Wanted to know if any teams, departments or employees in India, Mumbai and Bangalore are affected? If anyone has any info, please share.

What's your take on this ? Given the current scenario what job offer will you all be interested in? I'm having doubts for Amazon because of layoffs and other bad work culture news. Can anyone please confirm this?? But duniya bhar k banks doob rahe at this point in time. E.g. US Banks.. Confusion pro Max .🤔🤔

I graduated from an old IIM where I wanted to work in the finance domain. But I am stuck in an IT job where I am not even using my teachings of MBA and it is a job equivalent to a BTech Grad (Oracle EPM). For this reason I thought of opting for Bank SO. Planning to do it for 3-4 years which will set my career in core finance and help me switch to a different and strong finance job in future. But I am having doubts as it will be tough to handle my education loan. Where I would be earning half what I am getting here in my post IIM job. (Will be getting 60k pm in my SO whereas I am earning 1.2L pm currently in a toxic environment and in a state where I don't understand the language)

I am on my 3 months notice period, but since the time I put my papers I have been contacted by a senior stakeholder, my previous and current vp suggesting me to stay saying they'll try their best Is it something normal, should I reconsider? The other firm has been waiting since past 2 months Got a hike of 45%, please suggest as confused 2.5 yoe

Guys a friend working there told me Kotak Bank is going to cut approx 20 percent of the workforce across all departments. They have already started revoking offer letters. Also they will not be giving increments and bonuses. Tough times ahead. Anyone bearing things from established companies.

Hi Everyone, I would like to know if there's a hiring freeze at HDFC Bank? Any Idea why the hiring is on hold and when it's gonna reinstate? Has anyone joined HDFC bank lately?