Is Pharmeasy worth joining now?

Just heard from my seniors layoffs are know happening at pharmeasy . Already happened once in dec. Dont know whether i am secure or not .

There is rumours that in upcoming week , there is mass layoff at pharmEasy .

I am interviewing for Staff PM role and want to understand the team culture, especially in the product team. I know that their stock price has gone to the dust now, but curious if it’s worth joining at this point. any feedback appreciated

Do you guys agree with the list? Anymore candidates

https://economictimes.indiatimes.com/tech/startups/pharmeasy-plans-rs-2400-crore-rights-issue-at-90-cut-in-share-price/articleshow/101510154.cms

- API Holdings, PharmEasy's parent company, now valued at $458 million, a 92% drop from its 2021 peak. - Janus Henderson, a key investor, slashed its valuation by 91.8%, as per SEC filings. - In April, PharmEasy faced a 90% valuation cut when it raised $216 million led by MEMG and existing investors. - The company is struggling to raise Rs 3,500 crore to repay debt to Goldman Sachs, having defaulted on loan terms in June 2023. - Adverse market conditions forced PharmEasy to defer its IPO plans, initially filed in November 2021 and pulled back in August 2022. Source: [Entrackr](https://entrackr.com/2024/09/pharmeasy-valuation-slashed-to-458-mn-by-janus-henderson/)