Consultant

How many? Everyone is laying off it seems

Journalist

Firing at Licious?

Product Owner

Firing at Licious?- Grapevine

Welcome to Product Managers's Private Community

Anyone working at Licious

Software Engineer

https://indianstartupnews.com/news/meat-delivery-startup-licious-lays-off-80-employees-3673070

Licious layoffs 80 employees

Product Manager

Welcome to Indian Startups's Private Community

Hey
Does anyone here have any intel on Loop Health's work culture? What are the people and founders like?

Culture at Loop Health?

Analyst

Layoff @ Licious

Welcome to Office Gossip's Private Community

15% or close to 200 folks being fired. Reason- revenue per employee to be increased. Revenue not going up so firing employees. Mainly lower level.

Firing at Moglix

A few people who are in advanced stages of the process and/or have offers from slice have been asking me whether it's a good idea to join.

My answer has always been consistent and I'm posting this so that people have more clarity.

Good folks are leaving in droves which is why they are trying to fill in some roles fast.

The company doesn't have a proper CTO, with engineering being managed by two people, one the head of analytics and data science being the 'people mananger' who is highly under-qualified for the job, and the second a toxic and borderline abusive character who is the 'chief architect'.

On top of that, there are some AHs from Bizops who'll do everything to blame you if things go wrong and steal credit if things are good, making your day worse rest of the time.

The critical Glassdoor reviews are totally true, and present points in an elaborate manner, while the few positive ones are clearly planted with 1-2 lines written for each.
Plus the company is suppressing many reviews with the help of community guidelines.

Your package might have a generous ESOP component, but it is bloated and the company is looking to raise the next round at a highly diminished valuation.

There are more things in life than a few lakhs of extra base pay, for your long term well being.

I'm speaking about it openly since I left the org for a better opportunity recently and I don't want people to suffer more.

Your mental health isn't worth a slightly higher base pay in slice

Slice is a known red flag. Stay away at all costs.

Founder

Makes you wonder what models do analysts and  business people use in such companies.

https://thearcweb.com/article/licious-closes-fy23-flat-revenue-improved-margins-targets-1200-crore-5mmhCXiY1OtIdsMY

Licious's revenue projection was off by a...mere 50%. As a result 100 ppl lose their jobs.

Project Manager

The head of HR mistakenly sent a "layoff script email meant for managers" to everyone. 
So brace yourself, official firing is going to happen at Glance now...
Silent firing anyways has been happening for a month or so.

Layoffs at Glance

Computer scientist

Welcome to Software Engineers's Private Community

Navi Technology founded by Sachin Bansal is doing mass layoffs which started on Tuesday (11 July)

Mass Layoffs at Navi Technology

Damn no wonder they are firing 
 I know some average freshers who joined at 21 base last year  
 Overpaying for average talent always results in firing in startups,is what I have observed

Data Scientist

Can someone tell me which are the good product based companies for .Net developer with 1.5 YOE.

.net jobs in product based companies

Welcome to IT Company Discussion's Private Community

Any one having any idea how Lexmark is as a company in Kolkata job security wise and wlb wise ,heard that they just fired 20% people?

Lexmark

Hello All,

My director told me that I am releasing from the project as my feedback is negative received from the client and I have been working for 6 months in the project 

For one or two days I tried to connect with my manager just to clear client people have done politics with me but he has not replied for 8 days. Then later I dropped a mail in detail. But still he didn't even reply not message me. 

Will they fire me based on client feedback? 

What's this policy to fire the employee?

Please reply me if you know the answer it helps to other as well.

What is the policy to fire employees.

Senior Consultant

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

I am not sure if the ads team is impacted? Can anyone confirm that?

Amid Google layoffs…they are hiring too

Welcome to News Discussion's Private Community

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

Layoffs - A complete mess made by the companies

Any update if India employee base getting hit?

Firings in India McDonalds?

Business Development Manager

Previously I worked in Persistent Systems for 2 years. Recently my hr called me to share the screen and resign. They have given me 7 days time to submit laptop and all the assets, leave the company. I just want to understand can't we do anything if they asked to do force resign. Because I have been in this company for 2 years, past 6 months they started doing this for atleast 40 employees per month only from my branch Hyderabad . Now it has become per week because they don't have projects and lot of projects are going to end in few months and already few projects moved out because when I spoked with senior in the company they are saying projects signed for 5 year's contract has now not interested to move. I asked  why because of internal company politics, favouritism, fake and backdoor employees, over commitment due to these projects are not delivered in given deadline. How employees Will look for another oppurtunity in 7 days, also in my case when said to my recruiter that I am laid off they didn't schedule interview call then I changed my plan started saying them that I am having offer of A from x company going to join in next 15 days, then they shared scheduling interview. 
Won't there be any legal action we can take on employer as an employee in this cases.

Firing at Licious?

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