50+ Ctc for freshers diversity was obviously a bait. If you are skilled enough to draw 50+, you will eventually suceed again. If you just rode the wave, then you deserve this chaos.

I guess u made a comment on other post that you can refer at Amazon with guaranteed interview. Can u continue that...

Product Designer

Software Engineer

I have an interview scheduled for the first round at atlassian .

Beware, MF’s rolled back offer back in March. I thought it was just me, until i saw the news yesterday they rolled back for 50% 2024 grads

I am going for non developer profile,  so package won't be 50 to 60 lakhs..

Cloud Architect

Atlassian is revoking offers for 2024 batch. My LinkedIn is filled with these posts. Some of my batchmates are also impacted by this.   I'm genuinely scared of what's up with the market and where w...

Atlassian is revoking offers for 2024 batch. My LinkedIn is filled with these posts. Some of my batchmates are also impacted by this. 

I'm genuinely scared of what's up with the market and where we are heading towards.

Atlassian Terror

Product Manager

Atlassian Terror- Grapevine

My linkedin timeline is filled with CFBR comments on such posts.

Atlassian revoked offer for 2024 graduating batch 💀

My heart goes out to them, imagine celebrating 1st job milestone with friends and family and boom offer is revoked🥺🥺🥺

Operations Manager

Welcome to Software Engineers's Private Community

I'm currently in the Junior year of my college and I've received an internship offer as a SDE from one of the respected companies(hasn't laid off anyone yet). Since 2024 is the year I graduate, I was wondering what the scenario might be according to the people senior to me. Will we be a victim to the situation as well! The terror is for real :/

Layoff terror

I saw a few openings. Is it safe now or will there be more layoffs. Atlassian folks can you pls share any insights.

Is it safe to join atlassian now ?

Software Developer

I am a 2023 batch undergrad from nit . This year placement season was dull compared to 2022 . But somehow most of people got a job . But from the past 2 3 weeks companies are revoking offer letter. Almost 8 companies have revoked their offer letter, including increff OLX ,karza technology and so on .

Offer letter is getting delayed . Almost all of us had their expected joining in June and July ,but many of my friends have not got their offer letter. 

Also the PPO scene, prior to this year almost  the PPO conversion rate was very good in 6 months intern . A big mnc company hired 26 intern from my college but no PPO .

I am afraid right now. When will the scene become normal?

Offer letter getting revoked

Freshers impacted in software/product and data science profiles. Day 1 company in all colleges. Placement season is almost over everywhere and now these students are without a job just days before their joining date. No severance too unlike layoffs. 

Used to pay a lot though, 30 lakhs base salary for SDEs and 15 for product analysts after taking gruelling overnight interviews.

Heard internally there struggling a lot which is reflected in their stock price which is halved from 2021 despite a bull run in US tech companies in the same period.

Note to anyone thinking of getting into sprinkr(obviously in future cause they showing middle finger now): join only if you want to work like a donkey in exchange of lots of money.

Sprinklr revoked 150+ offers accross IITs, NITs, BITs and other tier 1 colleges.

Calm down. A person who cracked a 30 lpa offer will do well in life regardless of whether Sprinklr is a heartless corp or not. Fuck them.

Program Manager

If anyone is absorbing fresh graduates, please reach out to the ones affected on Linkedin.

Spriklr revokes Campus Offers

Recruiter

Welcome to Indian Startups's Private Community

Horrific scenes in the Indian startup ecosystem. From being on the verge of an IPO to raising an emergency round which shall lead to the sudden death of employee ESOPs. Crores of wealth destroyed for the employees.

A chain reaction of horror is about to unfold for late stage startups.

90% downround Pharmeasy

People on LinkedIn posting their off campus experiences, then selling a course in the end, while WILLINGLY not mentioning the date of interview. Some of them even mention on campus experiences without full disclosure. Feels like a major slap in the face for people like us who are struggling in recession.

Entirely possible that many of them lie about these experiences too. I respect them for navigating off campus positions and applying and getting jobs, but things were way, way easier back then. To go through bloodbath right now and see those posts, just feels like major tone-deafness on their part.

Or maybe I'm salty af (I am).

Pre-recession SDEs giving gyaan boils my blood

It was a pretty tense situation at the office. 

Nearly all engineering managers were laid off, most of the SDE-2s who were not the core engineering team and a lot of SDE-1s who had just joined this year. Even the interns were let go today.

Pretty scary scenario today. Just putting out an update. Apparently it was done to please the investors for the next series of funding. Can't say for sure though.

CityMall conducted layoffs today.

DevOps Engineer

Heard from people I know at Bain that they are laying off.
This is mostly the first time an MBB is doing layoffs (earlier they would silently fire, or delay onboarding) 

A friend got impacted. Seems like this could be 10-15% of their consultants. Unprecedented.

Layoffs at Bain India. At least 100+ people will be affected

When I think I should leave my job and start searching, Grapevine pops one of these scary items 😭

Consultant

Founder

I am currently doing an SDE Internship in one of the startups in gurugram. Initially I was given a 6 month intern + full time offer, all went well, but in the last month this company is revoking full time offers of some interns  and extending the intern offer to 3-4 months. What should I do in this case ? I am literally scared right now?

Unfair practices in startup revoking FT offer

Many companies laying off employees while they're hiring parallely, if you know any such companies please share there name....so we don't end up joining such confusing workplace......

Hiring and firing parallely

In Zomato and Blinkit they putting pressure on employees based out of Bangalore office to either relocate to Gurgaon office or creating situation where they end up resigning

Strategy & Operations

Source: https://www.cnbc.com/2023/03/06/atlassian-cuts-5percent-of-headcount-as-it-focuses-on-high-priority-areas.html

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