Dear Companies,   Consider at least 1 round of discussion before firing.  while you can conduct 5 rounds of interviews before hiring.

Welcome to IT Company Discussion's Private Community

Dear Companies,


Consider at least 1 round of discussion before firing.

while you can conduct 5 rounds of interviews before hiring.

Corporate life Layoffs

Test Engineer

Corporate life Layoffs- Grapevine

Expedia is set to layoff 1500 employees. Everybody is just laying off people giving any bullshit reason

https://officepulse.live/expedia-trims-workforce-in-restructuring-push

https://economictimes.indiatimes.com/tech/technology/expedia-to-cut-about-1500-jobs-globally-amid-moderating-travel-demand/articleshow/108026228.cms

Expedia layoff

Hats off to that grapevine Samaritan who mentioned to hold whatever job you have as things will only get worse this year.

Recruiter

Software Architect

I am seeing a lot of layoff related posts everywhere from news articles to LinkedIn.. Is the Job market really that bad now? Or just the media is projecting that way? 

If it's really bad, which department you think is the most affected? How's layoffs specifically in India? Or is it layoffs in US but more hiring in India due to cost cutting? 

Are layoffs in technology/engineering dept as in for developers or some other departments? Your thoughts please..

Job Market right now in India?

It is really bad right now 
 1. Layoffs in many of the companies, irrespective of whether they're a startup or a big MnC. 
 2. Almost everyone I know of wants to switch, because of no/less appraisals from last 2 years 
 3. Bad work life balance - people thinks switching might help 
 4. Too much competition for any open position. Because of too much supply, companies are low-balling and people would accept the offer.  
  
 Recruiters ghosting is too common. Even if you've killed in your interviews and recruiters get someone who's ready to join on less pay, they'll simply ghost you.

Software Engineer

Software Developer

Welcome to Software Engineers's Private Community

Didn’t they go through a major layoff recently.

Staff Engineer

With the trending culture of layoff I think Indoa needs some regulations around the same. Founders/Companies are harrassing employees & fooling around with employees future. There has ro be a stop. Hike dege hire kiya and 6 month baad fire. People get at survival risk. Families are at stake. Founders ka kuch nahi gaya.

Regulations around layoff

Generalist

Welcome to Indian Startups's Private Community

Got a job but now got another offer at 80% hike. What’s the best excuse to leave the job?

Best excuse to leave job within a month?

Don't give an excuse, have an honest conversation. Believe it or not, Honesty is the policy, even in these times

UX/UI Designer

so with recent layoff season what are some things you would recommend  anyone to look for in a company to stay safe ?
feel free to add any hypothesis as well if you got any .

Things to lookout for in a company.

Data engineer

You can mention your top 3-5 priorities that you plan to do after joining the new job to be not in the same position of getting laid off

If you plan to join a new company after the current layoffs, what do you prioritise the most?

Analyst

I don't know why everyone is making a big deal out of layoffs. Even the ones who laid off are not that concerned than the ones who comment.

Laid off employees literally get free money upwards of 10 lakhs in many cases of senior developers who are laid off from top tech startups. Companies pay severance equal to 3-6 months salary of laid off employees. Some even offer other benefits as well.

I personally know a couple of Devs who got around ~9-10L in severance pay. So, yeah if there are layoffs happening in funded tech startups or leading tech companies, considering their pay range, laid off employees get handsome severance pay including employee benefits

Layoffs a big deal? Positive side of layoffs

Hope you get laid-off & get a good severance package! Will see how your job search goes.

Engineering Manager

Product Designer

It’s disheartening to see 1000s of people being laid off in recent times. Most of them have a family to feed and EMIs / bills to pay.

Today it’s them and tomorrow it could be Me and You as well. 

And it’s pretty much clear that these new age companies are not empathetic and would go to any extent to meet their goals.

Why isn’t any employee doing anything about these atrocities? 

Following are the few ways to send out a strong message to these employers for abusing / blackmailing / and forcing resignations and PIPs (share more in comments)

1. Boycott their products / Services - make a noise about it on social media.

2. Stop subscribing to their IPOs or start dumping their stocks.

3. Uninstall their apps.

Time For a Revolution

Analytics Manager

Layoffs are a common theme these days among all kinds of companies. In general, Layoffs are bad for the people affected.

I want to hear stories from people who had a layoff that was done with dignity, respect and humanity.
Please describe what made your experience of the layoff great and which company were you part of.

How a company handles Layoffs reflects a lot on the culture of that company.

So let us highlight companies that do Layoffs well.

Layoffs done with Humanity

Senior Manager

Thousands laid off from India and US teams. The problem is, it came like death. The message of lay off came suddenly.

I want to know if companies want us to serve the notice period before leaving, then why don't they even give notice to find a new job?

I was the only breadwinner of my family and I am nowhere now. How should we go ahead with this? Do we have any legal options? Can we sue #pocketfm . What they did was absolutely unethical and 100% wrong.

To the most of us, they used to pay peanuts. But still we want to know our legal stand here.

Pocket FM Layoffs

got ghosted by them after clearing all rounds guess whatever happened was good only

Consultant

What are generally the metrics used during layoffs ?

Is it division by division or each employee is vetted for his performance and contributions ?

Do high salaried folks generally targeted even if they have good performance and history with company ?

With the overall bleak atmosphere in startup ecosystem and lack of transparency in this process from employers wanted to know how are decisions made. Most say it is performance based in news, how true is that ?

Layoff Parameters

What was the first sign that your company might be doing layoffs? 
Was it a random meeting addressed by CEO or some other shit?

What was the first sign of layoff?

I have heard a lot of people suggesting stay on a technical side ,coding side if you don’t want to be laid off and always have a market value . But now I see almost everyone is getting laid off !! 
What are your suggestions?
Choose a career into coding or technical side only or go into other roles like technical functional ,product owner etc.

Engineers Irreplaceable ?

I am seeing lots of startups are firing these days even previous year it was happening.

Would like to know the mindset of employees who got saved. Like to know what goes inside your head. How do you deal with this situation as it can happen with who got saved somehow, etc etc

What is the morale of employees in company where layoff happens

Android Engineer

Welcome to Office Gossip's Private Community

What are some of the questions related to labour law in India that you always wanted to know (probably something that your HR may not explicitly tell you) - Ask here!

Labour Laws that you always wanted to know

From the last few days there were talks going on about layoffs in Morgan Stanley. Some 7% of the global staff will be handed over the pink slip in this week. 
Well... It started happening from today ... Few colleagues from my department were laid, and the reason being "company is trying to survive in the market, company is planning the road ahead by taking such bold steps".
When this was announced, my anxiety shot up the next level and I couldn't wait for the meeting to finish.
The past few years have not been great for the business worldwide due to which many companies are forced to take such steps. These companies just have been doing a hiring spree from the last 1-2 years that now they are regretting their decisions and letting off their employees.
My question is - "If a company hires excessively during the bull market and is forced to lay off few of the employees during the downturn, has the company made an error by not evaluating the headcount or it was just simply the need of the hour" 
 
Please note - I know many people out there who have faced job cuts due to many factors, sincerely requesting people to take this matter very seriously

Corporate life Layoffs

Discover More

Layoffs on

by Jordon Denver

Tesco

Expedia layoff

Layoffs on

by Blair Taye

Startup

Job Market right now in India?

Software Engineers on

by Jordon Lee

Uber

Didn’t they go through a major layoff recently.

Layoffs on

by Matilda Lee

Stealth

Regulations around layoff

Indian Startups on

by Kendall Lee

Student

Best excuse to leave job within a month?

Software Engineers on

by Jordon Lee

PWC

Things to lookout for in a company.

Layoffs on

by Jordon Taye

Self Employed

If you plan to join a new company after the current layoffs, what do you prioritise the most?

Layoffs on

by Kalan Lee

Meta

Layoffs a big deal? Positive side of layoffs

Layoffs on

by Aaron Lee

PhonePe

Time For a Revolution

Layoffs on

by Jordon Lee

Cred

Layoffs done with Humanity

Layoffs on

by Coy Olive

Morgan Stanley

Pocket FM Layoffs

Layoffs on

by Kendall Carmden

Swiggy

Layoff Parameters

Layoffs on

by Anise Lee

Infosys

What was the first sign of layoff?

Layoffs on

by Jordon Carmden

Startup

Engineers Irreplaceable ?

Indian Startups on

by Kendall Carmden

Vedanta

What is the morale of employees in company where layoff happens

Office Gossip on

by Anise Carmden

InMobi

Labour Laws that you always wanted to know

Layoffs on

by Jordon Lee

Morgan Stanley

Layoffs - A complete mess made by the companies

Memes on

by Jordon Lee

EY

Mitigating layoffs 😂