Got Laid off. Got a job. Fu** off Phonepe

Nowadays companies tend to take 5-6 rounds of interview and One of my friends had gone through a similar procedure for 3 companies now- all into Fintech(one is a big MNC doing good and the other ones are startup) initially they moved forward with the CTC although they didn't have the budget and after 6 rounds of interview(5 general rounds and 1 to be more sure). I don't know how you cannot be sure of someone after 6 rounds of interview and why companies are not transparent about the CTC they can afford. It has happened to a lot of my known SDEs including myself. Just wanted to vent out, just because of the ongoing market conditions, companies are troubling the candidates a lot. Did you guys also have similar experiences?

Maybe soon I'll be get laid of by my firm as layoff is ongoing in company and manager also keeping distance from last some days. How to handle this situation.

I am a 25 yr old male and I come from a very small town in Jharkhand. My dad was a mechanic. I am their only son. I graduated from a tier 3 college where getting any job was a dream. I worked hard and cleared a 9 LPA job in Pune. Got promoted and got hikes and came to around 13 LPA in around a year’s time. Resigned it for Amazon, BLR at 30 LPA. I joined in Oct 22 and got laid off in Jan 23. When I cleared Amazon, it was moment of pride for me and my parents. For the first time everything looked well and life felt happy and promising. It was just perfect. After the layoff, life has been full of struggle. It was so difficult to get a job. Somehow got a decent company who would at least hire me without reducing my pay, but had to deal with a pathetic manager, and the culture wasn’t too good. Joined here for ~34 LPA I finished 1 year in this company this April and I started to interview. Started with a startup, they said they can’t offer that much. Next was MSFT. They took 8 ROUNDS for a SE2 role and they offered me a L60 role and won’t budge at all, for a lower comp. I had to reject. In the meantime, I had already cleared Intuit at 50 LPA and DE Shaw at around 60 LPA. DE Shaw HM told me this role is SDET which the recruiter didn’t mention. Had to reject there. I resigned after I cleared Intuit and expected MSFT to give me an offer and I was sure that whatever comp they’ll offer I’ll take, but didn’t expect them to give me L60 and a comp around 29 LPA. When Intuit’s joining came close I considered taking my resignation back but my manger bullied me and didn’t take my resignation back. I got a chance to interview with Apple. It was so close to Intuit’s joining date that I asked Intuit to push it by 3 weeks. After 5 rounds, Apple said they can’t go ahead with my profile because of less experience. Folks trust me: All my interviews at MSFT and Apple went very very well. When I made up my mind to join Intuit, they announced lay offs. My only option is to join.

I worked at a remote start up in digital marketing space and helped them generate huge revenue and creative programs. I always received praise from my team, PODs and Clients. Today in the name of company profits and without proper reason because of my manager's favourism and ass saving of her family n friends working in the company I am told to resign. I am feeling very broken as I was always getting recognized and I loved to create good brands and now I am disposed like I wasn't there only because of my toxic dalal manager. Can you all help me what should I do to get a good job at the earliest please sir and madam! I have responsibilities and really need a start.

Layoffs are bad I know, but there's always a silver lining Now since that's in the past, we can ponder what was good

Indian unicorn companies these days are doing forced PIPs to remove folks who are a high salary as per last year or have conflicts and all. Employee benefits being reduced left right and center. Environment has become toxic. This is being done for IPO. Watch out guys.

So it's that time of the year when variable payouts are being processed. Everyone’s excited, checking their bank accounts. I get the email from HR - "Your annual bonus is..." I open it It’s enough to buy me a nice lunch I go to my boss and ask him about it He says "We had a tough year, need to tighten our belts" I look at his belt - it’s designer Meanwhile, I’m tightening mine to skip meals. I said "Thanks" and left. He says "Keep up the good work" I leave the meeting room and start Googling jobs - CONFESSED NO ONE

I used to work in a start up in Bangalore, they overhired in 2022 and overpaid the freshers, more than the experienced engineers were getting paid. To fix this put 30% of workforce on pip, laid off 20% I was one of them. 2 months later, they did open layoffs, did it again in 2 months, and one of my friends there heard the founders cracking a laugh that even the investors wouldn't have expected us to do this so fast. I joined another company, they lost the client I was hired for, and few more clients, I was told they will have to do layoffs and my name is in the list. So they asked me to resign and I refused by saying we'll consider a last working day, if I get an offer I'll resign otherwise anyway I'll have to be laid off and they agreed. This happened one month after I had joined this company ( also a startup ). So, being laid off once was already a big enough punch of reality, with an education loan on my head. I joined another company and got laid off again. Tough shit. I ended up getting an offer before my lwd. I am not from any IIT, I am not an exceptional engineer. I am very bad interviews, my resume usually doesn't get shortlisted. Sheer volume of effort I put made the impact on me getting a job. Right now I am the best job of my career, with a better management. Trying to say, it's a tough time. But you'll get through it.