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Layoffs disguised as resignations

Happened at one of the startups in Indiranagar which is into halal personal care products. Recently raised funds upwards of $50m dollars. Huge number os sales team had been asked to go.

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SaReGaMaPaDaNiSa

Stealth

2 years ago

isn't that what most do to leaders, letting them go when they don't align with growth of startup
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SupportStaff

Others

2 years ago

You can't even name the company while being anonymous... Sad.. what use is this info then for anyone
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Curated from across

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Indian Startups on

by bahiwbstyavw

Stealth

Painful to see so many startups run out of money/ shut down. Is your company doing good?

Dunzo Taskmo Frontrow

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Indian Startups on

by Abce

Startup

Massive Layoffs at HealthTech Startup

50% layoff at a Bangalore based health tech startup. Founder had no shame or guilt. Has raised funding recently but chose to fire people again. This is the third layoff in the last 1.5 years. Terrible management, declined variable pay. Severance is to paid in the next 4 months. Just trying to pivot the company into ‘AI’ without any plan whatsoever.

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Indian Startups on

by majetti

Swiggy

Dale Vaz, Swiggy CTO has resigned

There are multiple VPs and Directors leaving in parallel. Is this a mass exodus of senior leadership any indication of the state of the company?

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Office Gossip on

by DonaldTrump

Student

Amazon internal layoffs

Amazon is asking voluntarily resignations from its employees.

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Layoffs on

by chainfire

Stealth

1K Kirana lays off 60% employees

Just heard that 1K, an omnichannel grocery startup in gurgaon series B funded by info edge and alpha wave have laid off close to 60% employees and severance package is also not announced yet.

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Layoffs on

by Holyshit

Stealth

One more round of layoffs at a Chennai based saas startup

10% of employees were let go

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Layoffs on

by LosingmakesnoCents

Stealth

Massive layoffs coming up at MPL

From what I hear from a friend who is aware of the leadership discussions, MPL might be looking to lay off close to 50% of its workforce and shut down most of its other BU’s to consolidate by October. This would include folks even till the SVP levels. This might be one of the first pins to fall with the 28% GST rule kicking in by October. Dark days ahead for online RMG industry in India

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Layoffs on

by Lolan

Stealth

upGrad is playing the dirty game

upGrad has laid off many across subsidiaries. However Ronnie goes around saying that he is hiring for PR. Harappa layoffs got press. upGrad Campus laid off over 30% of workforce. They should be bought to light.

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Layoffs on

by vegsushi

Stealth

🚨250 people laid off at Meesho

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

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Layoffs on

by FunnyBones

Plivo

1K Kirana 40% layoff 600 ppl

https://www.moneycontrol.com/news/business/startup/info-edge-ventures-backed-1k-kirana-lays-off-40-workforce-to-restructure-business-10359421.html