PerkyLlama
PerkyLlama

Beware Yubi Go get Lay off

Third round of silent layoffs are happening at Yubi. The company is at cross roads with no real revenue being generated. Last year itself Ebidta turned negative. Cost cutting all benefits revoked. No hike given this year not even some percentage. 6 people thrown off without even a word directly asked to handover laptop. Whole organization is under confusion. Chaos and panic everywhere. What should I do now any ideas are welcome. Too much pressure that I literally not practising DSA, design as even work from office is being monitored. They even monitor timed we go out or go for restroom I guess. I dont know what to say....

19mo ago
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DizzyCoconut
DizzyCoconut

4th round started.

PerkyLlama
PerkyLlama
Yubi16mo

when and how many people?Seems company is going for a capital raise and has good revenues now.

DizzyCoconut
DizzyCoconut

Yes very good revenues with losses.

SnoozyPanda
SnoozyPanda

Sad and toxic...just my two cents

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Layoffs
by PerkyLlamaYubi

Beware Yubi Go get Layoff

Third round of silent layoffs are happening at Yubi. The company is at cross roads with no real revenue being generated. Last year itself Ebidta turned negative. Cost cutting all benefits revoked. No hike given this year not even some pe...

Indian Startups
by GigglySushiFinance Operations

Product team layoffs at Yubi?

Hi folks. Have there been any recent layoffs at Yubi in the product team? Lots of CVs floating around and plenty of people using LinkedIn Premium.

Indian Startups
by GigglySushiFinance Operations

Rampant negativity at Yubi

Hi , this post is intended to be a disclaimer to anyone who is planning to join Yubi. A lot of things are happening here that show some signs of an impending layoff

  1. Several senior folks in tech and product have quit. Also there is no...
Layoffs
by MagicalQuokkaSoftware Developer

Layoffs at startups: Early signs or warning signals

In your experience, what are some early signs that help detect incoming layoffs at a startup?

It could be company-wide, team specific or in a particular function only.

Top comments
user

Hiring freeze, decreased marketing spend, founding team retreating away from day to day activities and meetings

user

Having worked in a startup that may cease to exist in the next few months: - High attrition rate + company does...