Banking and NBFC industry are toxic

Is it true that most people from senior position (including the likes of Bajaj veteran in credit risk ), business heads from different verticals have resigned?

It's gonna be long thread. I have been working as lead engineer in a early stage startup since last one year. Founder (20 years exp in Product Management) raised some money from friends & family to start it and but company was running negative from February and he put his money to pay employees salary for March & April and We were hoping for some investment in April but that didn't happen. During May & June, he was looking for funding more aggressively and even after having a good background in academics & top tech work experience in product management, no investor got convinced to invest in it. Our salary for March & April was delayed from actual payroll date by 7 days and 21 days respectively and We were expecting our May salary to be delayed by same period and our company was about to complete one year in first week of July so we had some one year benefits associated as well. But Boom, he invited everyone on call and tells that company will shutting it's operation from next day itself. And he will help us find our new jobs and he doesn't any clarity on pending salary. Although we knew, our company is not in good shape so salary cut or something might be happening soon but didn't expect this. Now, we have to find other jobs and also be unemployed while searching for job and also get exploited by other companies because we will be desperate to find jobs to pay our bills. I think, he did this just before 5-6 days of our one year anniversary just because he doesn't get legally bound to pay our one year benefits. I for sure, not gonna join any early stage in future who doesn't have enough funding. Just wanted to put this story out of my mind. Open for any suggestions you have for me Thank you

Hey All I graduated in 2021 out of DU and parallely converted my internship with a preseries A fintech startup for a full-time role, pay was less that what I would've got in campus placements, but I prioritised steep learning curve or a 15k per month salary difference. After spending 15 months reporting directly to the ceo in a 150 member team, I resigned. Initially the pace was enjoyable, later on it became toxic. Moved to Bangalore and joined another start-up, didn't take a huge hike since I just wanted to start somewhere. After working here for 7 months, now I have much for focussed idea on what my strengths are and I'm working with experienced folks (avg 8+ years). I'm a 22 year old working in the founding team of pretty good product startup (funded by Kunal and bunch of other angels). Currently I'm at 6LPA, and would reach a 12LPA in thr next 3-4 months subject to fundraise, what I would like an opinion on is if after completing an year and we don't raise a round, do I stay? Or do I go back home and prepare for Gmat or CAT, then do aan expensive MBA by taking a loan? Or do I find another startup asking for a 12LPA? or do I try for a established company role in program management or partnerships or something? I don't have any family money or business to fall back on, but fortunately I didn't take a loan for my education yet, and my parents would be okay to give me another 2 more years to figure things out. Would appreciate help from anyone who've been in a similar journey or just any piece of advice. Thanks!

During my B.Tech, I balanced my studies with active participation in clubs and committees, and also engaged in sports and exploration. Aspiring for a non-core placement, I didn't participate in hackathons or apply for internships. After graduation, I pursued various paths, including preparing for the CAT exam with only three months of preparation time, but I didn't succeed. I then applied to several companies for data analytics roles but kept making new mistakes in each attempt. In one instance, I was rejected for oversharing my passion for data science in a final interview. To improve my chances, I optimized my resume and completed significant projects, but these efforts haven't yet yielded the desired results. Realizing the challenges of relying on a single target, I also started preparing for the GATE exam. Reflecting on my journey, I recognize that I should have applied for on-campus opportunities, as off-campus job hunting is challenging and unpredictable, regardless of one's preparation. Tell me your story? In order to get some hope that we can make it and it's never too late

I'm actively interviewing, got a couple of offers from old and new banks but everyone tells me to move out of this Read a post HDFC delaying salaries, the most successful private bank of the country is internally going through something? Isn't this an alarming situation? Even for people who are not directly linked with this

Posted in r/developers

How is the company, how is it work there , culture etc. any leads on above?

So I interviewed for a SaaS company serving US clients. I got selected after three rounds (basic email chat, built a project, technical coding round at last) and got selected. Finally, it was time to discuss salary and joining date with the CEO. He was impressed by the about section on my portfolio, where I mentioned that I like to go on treks, hikes, read books, lift weights, go on a run, etc. During our call he mentioned that everyone at the startup works 6-7days a week, 12hrs a day and asked if I'd be fine with it as I have a "happening life". I said that I'm not used to it but I'll manage and work in appropriate working hours. He seemed to agree on it. But he ghosted me after that, and when I pinged him in the email thread; he said he's not moving ahead with me because my other properties won't allow me to "work as much as other employees". How am I supposed to react to this lol

Those who are earning more than 1 lakh per month. Share your journey how you reached there and also some tips.