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 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....
Kendall Lee
Stealth
a year ago
And when I had predicted this back in March people called me a fearmonger 🙄
Dezi Lee
Stealth
a year ago
They charge fees for allowing investors to co lend through their platform. But is is not a very reliable platform. Plenty of tech issues and needs a lot of hand holding and support from implementation and support teams. Lots of banks are technically 'live' on the platform but are not doing any transactions thru the platform due to numerous issues.
Salary cutts is proposed and getting implemented for wfh, big advocates for sallary cut are ceo and chro. OLN their plan seems to me, turn company into profit by these Salary cutts and layoffs.
Kendall Nadeen
Stealth
9 months ago
Did salary cuts happen at all levels? What is the current situation?
