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.

Software Engineer

Many interns were placed in different departments

Software Developer

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

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

Product Designer

Product Manager

Application Analyst

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)

The rigged performance rating and the secrecy is so true. I got to know about my colleague getting fired when I opened his slack which was deactivated. Upon calling, he said it was all done in 5 mins, Forceful resignation, No Severance and was asked to post nothing on social media.  
  
 From my team alone 2 people have been laid off both freshers.

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

Tata nexarc layoff

- Nearly 2,000 freshers offered positions by Infosys in 2022 are still waiting to be onboarded, according to affected individuals who spoke to Moneycontrol.
- These roles are for System Engineers and Digital Specialist Engineers, with pre-training sessions conducted as recently as August 19.
- Many candidates have not received credentials to log in to the online portal for pre-training sessions, which were to begin on August 19.
- Pune-based IT employee union NITES has requested the Ministry of Labour & Employment to investigate Infosys for alleged 'exploitation and unprofessional treatment' of these graduates.
- Infosys had hired over 50,000 freshers in FY 2022-23, which plunged to nearly 11,900 in FY 2023-24, amid fears of a looming recession and reduced discretionary spending in major markets. 

 Source: [Moneycontrol](https://www.moneycontrol.com/technology/infosys-delays-onboarding-of-nearly-2000-freshers-from-2022-batch-article-12802034.html)

Infosys Delays Onboarding of Nearly 2,000 Freshers from 2022 Batch

Journalist

Edtech startup Adda247 has fired around 250-300 employees across verticals, sources aware of the development told Entrackr.

Exclusive: Edtech startup Adda247 fires 300 employees

Layoff at Adda247

Lawyer

Folks, Have you heard of senior layoffs since Apr’24 in TCS, Infy, Cogni or Capgemini?

Senior redundancies

Program Manager

Can we please share the companies which are laying off and kind of roles laid off?

1. Goldman Sachs -Consumer Banking 
2. Twitter -Marketing 
If you have any other companies also please post in comments

List of companies laying off employees in India

Product Owner

Unacademy to slash 25% of the workforce in another round of layoffs scheduled for the first week of January.

The affected employees will not be paid severance pay because the company is struggling badly with the cash.

2024 is setting a sad start for the Edtech ecosystem .

Unacademy Fresh Layoffs ❌

Layoffs:

Global
- Stripe 14%
- Opendoor 18%
- Twitter 50%
- Delivery hero 
- Chime 12%

India
- Udaan (tranches)
- Chargebee 10%
- Byjus 5%

Hiring freeze:
- Apple
- Amazon

Mega Thread- All tech layoffs so far

Heard analytics people are being laid off with 3 month's severance and new joiners from NITs had their offers rescinded.

Is this true? Who all are going to be affected?

Layoffs at EXL Service?

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.

Coditas Layoffs

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