Few days ago some final year student also posted his coditas job offer got revoked

Software Engineer

Oh sorry, my bad, i have checked over here in grapevine only... That company was codenation not coditas.

Product Designer

They also sacked the ongoing batch. We just received an intimation of a meeting with the director and he told us that we will stop the internship right here on the order of the CEO, due to the market situation. Then he further told us to go and enjoy the last leg of your college.

Many interns were placed in different departments

Software Developer

Application analyst

Product Manager

Coditas laid off 75 freshers from 2023 batch

Coditas Layoffs

Coditas Layoffs- Grapevine

Loosing respect for the companies which are laying off the freshers. I thing it is the worst thing which can happen in an industry. 

Ola and Amazon have fired freshers very recently.
Any other companies which had done this?

Freshers laid off

https://www.desiqna.in/11475/cognizant-fires-18000-employees-gives-crore-joining-salary

Cognizant fires 18000 employees but gives 6 crore joining bonus and 57 crore salary to new CEO in new year - Desi QnA

Layoffs

Consultant

https://www.moneycontrol.com/news/business/cognizant-says-revenue-will-decline-in-2023-to-lay-off-3500-employees-10523261.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts

Cognizant to layoff 3500 Employees

Founder

Unacademy will be laying off 30% of its workforce this week. The list of people who will be laid off has been finalised and received signoff from Gaurav & Roman. 

Sad State of Affairs.

Unacademy fresh Layoffs 😶‍🌫️

Growth Manager

Welcome to News Discussion's Private Community

Heard they are doing another round of firing today, can anyone confirm this?

Byjus layoffs

Analyst

Cogoport laid off around 150 people a few days ago, just before welcoming a new batch of around 100 fresh grads. Employees were told to resign, if someone denied they were terminated.

Hearing that they have only 5 months runway left. They haven't paid 1yr retention bonus for many employees, as well as extend probation period from 3 months to 7-9 months because they pay Joining Bonus on completion of probation.

They also have a performance management policy where if you don't reach your monthly targets, a certain percentage of your monthly salary will be deducted.

Avoid this company at all costs

Cogoport Layoffs

Welcome to Indian Startups's Private Community

Google backed startup adda247 laid off 300employees
Chal kya Raha hei Citi group - 2000
Qualcomm - 1200+

Are ye dukh kaye khatam nahi hotaa 🥲
Kya Ane wali hei 2024 mein?

Adda247 layoff

UX/UI designer

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)

Ola started laying off again. This time they had fired all the freshers of 2022 batch . 
Every 2-3 months we see this situation.

Layoffs at Ola

Tata nexarc asked 20% of its employees to leave organisation in next 90 days. They have been informed that their resume has been floated to other TATA group companies

Coditas Layoffs

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