Anyone who used their services? Wanna know some review

My cousin did, they took 3 months to do work that initially quoted 45 days. Payments done before start

Consultant

Software Engineer

They laid off recently to show profitability

That shouldn't  affect the revenue growth though?

We had one layoff round of 50 people in March. Our core business is doing very well

Chief of Staff

Senior Product Manager

Don't know about work, but I've heard only and only bad reviews about their services. 
  
 If the product itself is bad , I'm shocked how they're even profitable

I have heard anything that PE touches will get destroyed eventually. Dunno how true it is.

Analyst

This is farzi. They have been focusing on only cost cutting this year to show profitability. Havent had any growth this year, it wasnt the focus at all. Was part of Livspace until recently.

I also know they've always been profitable in the core business (EBITDA, but still). So posting a profit won't be too hard for them.

Welcome to News Discussion's Private Community

Anyone here from Livspace - how is the company doing, because the growth at this scale is quite impressive!

Product Manager

Anyone here from Livspace - how is the company doing, because the growth at this scale is quite impressive!- Grapevine

- Livspace, the home interior platform, saw a 14.78% revenue growth in FY24, reaching Rs 1,185.7 crore.
- The company's losses shrank by 48.48%, down to Rs 413.8 crore from Rs 803.3 crore in FY23.
- Revenue from interior projects formed 94% of the total, increasing to Rs 1,110.65 crore.
- Employee benefits expenses dropped by 16.1%, contributing to controlled overall expenditure.
- Livspace plans to shift its domicile to India and aims to go public within 18-24 months. 

 Source: [Entrackr](https://entrackr.com/2024/09/livspace-revenue-crosses-rs-1200-cr-in-fy24-losses-shrink-by-48/)

Livspace Revenue Soars to Rs 1,200 Cr in FY24, Losses Halved

Journalist

Livspace layoff 2% or 100 employee. Majorly from tech, product, content and marketing.

Livspace layoff 100

Welcome to Indian Startups's Private Community

How is Livspace to work at? Discussion is ongoing for a Central/Category role there. 

1. How is the runway of the company?
2. Is there really any moat for the company? Will it survive in the long run? I keep seeing positive and negative customer reviews in social media.
3. How is the WLB there?

Livspace - Employee Reviews?

Sales Leader

VC here. Doing this for fun.
Don't take all views seriously.

Comment a startup's name, I'll share if it's promising or whatever I know

How is FanCraze doing?

Founder

I’m planning to get interiors done for my new house and was curious if anyone has done their interiors through livspace. I see their ads which mention 10year warranty, 48 days installation etc etc. 
wanted to know if it is better to go with local vendors or livspace.

Has anyone done their home interiors using Livespace?

In last 6-8 months there has been lot of layoffs and many startup getting scrutinised due to funding etc..

But I can’t see Oyo name anywhere… Not much layoffs or nothing on their crunch.

Are they doing good or successful?

How is OYO doing ?

I'm seeing so many posts where startup employees are cribbing about things like layoffs, work culture etc etc. Doesn't seem like they have perspective on everything it takes to build a startup. I've built a failed startup myself and have immense respect for founders who are grinding it out there in such difficult recessionary circumstances. 

And then you have so many of the engineers and PMs cribbing about basics without talking about important things like learning growth, building for the future etc. Why such myopia? I work at a big tech and envy the speed at which startups move, the big responsibility everyone gets to handle, the fast career growth. All these things are being cribbed about. They crib about founders wanting more. Their job is to ensure success, not to give lifetime jobs to entitled people. They have more headaches you can imagine. In my small startup I had a million headaches. I can only imagine how hard it must be to run larger ships. Is everyone joining a startup these days looking for a get rich quick scheme?

Why are startup folks so entitled?

If you can’t run a business that lets people have a normal life then you’re the one who thinks they’re entitled to employees. 
 Businesses must take risk, employees don’t. Stop your whining that people won’t support shitty business plans

Growth Manager

Do VCs also have this underdog spirit? The early-stage VC, take a lot of risk in investing at a pre-revenue startup. How do they scout such founders? What are the key attributes they look for in the early-stage team, which are pre-revenue and have an MVP?

Navigating our fundraise journey

Generalist

Third Wave has only 1 year of runway left, with 70% of it's outlets being loss making 🤯

When you compete to serve the top 1% of India, obviously it will end up in losses

Category Manager

Corporate Strategist

Welcome to Office Gossip's Private Community

Housing.com (REA India) ranked 3rd in the GPTW survey this year. They provide several awesome perks like, laying off without any notice, fucking their reviews just so that they could justify the lay offs, and threatening actions if anything came out on social media. 

10-15% of the whole tech team was laid off (mostly freshers) apparently on the basis of low performance.  It was all carried out by the higher management, not even the managers had any clue about the lay off happening. 

The performance rating was rigged by the higher management who had no interaction with the tech people. They had this awesome idea of getting reviewed by people who we had never interacted with. Managers were merely bystanders who had no say in the performance review whatsoever. 


PS: A note for the management -->
Housing.com would be an employee friendly company only if you guys would give two fucks about employees, instead of Caring so much about the GPTW ranking like conducting hands on sessions and literally forcing people to put in good rating.

Mass Lay-offs at housing.com (REA India)

The rigged performance rating and the secrecy is so true. I got to know about my colleague getting fired when I opened his slack which was deactivated. Upon calling, he said it was all done in 5 mins, Forceful resignation, No Severance and was asked to post nothing on social media.  
  
 From my team alone 2 people have been laid off both freshers.

Software Developer

Ask me anything about Byjus

Engineering Manager

Anyone got their home interior done through Livepace?

Just got a call from HR at  Meesho for a job opportunity. While I'm actively looking out I haven't heard the best about the company. Any current, ex folks who can tell what's the culture and current business health like? How's the WLB? And job security? 

I got the call for the superstore biz.

Sense check - Meesho

Growth And Strategy

Can anyone here tell me what exactly went wrong with Dunzo... I was working on a case study related to the same... Would certainly help me a lot

What went wrong with Dunzo?

There was some call around 9 AM today, some folks are laid off. Didn't know the % yet.

Anyone here from Livspace - how is the company doing, because the growth at this scale is quite impressive!

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