Is sharechat still remote?

As title says

Friend is has received verbal offer for Senior PM and is evaluating whether to join. Can someone from sharechat comment? Current TC : 0 (laid off) Verbal offer: 47 base + 22 esops

Hey all, I am interviewing at Sharechat and wanted to know how healthy is the startup. It is always in news for wrong reasons like heavy losses or founders exiting or something. Is this stable?

What is the current state of sharechat ? Last i heard, they were not doing well

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.

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.

Hearing that people are getting laid off over emails.

Which company do you work in and what is the situation of secret layoff (suddenly team members slack/teams account getting deactivated) or PIP at your company?