Girish Mathrubootham steps down as Freshworks CEO

- Prakash Ramamurthy, Chief Product Officer of Freshworks, has resigned to pursue another professional opportunity. - He will assist the newly appointed CEO, Dennis Woodside, until October 1 to ensure a smooth transition. - Chief Financial Officer Tyler Sloat will take on the additional role of Chief Operating Officer. - The company has also hired Philippa Lawrence as Chief Accounting Officer. - This resignation follows a series of management changes, including the appointment of Mika Yamamoto as Chief Customer and Marketing Officer and the departure of CTO Shan Krishnaswamy. Source: [Moneycontrol](https://www.moneycontrol.com/technology/freshworks-chief-product-officer-prakash-ramamurthy-resigns-amid-management-rejig-article-12797109.html)

Board has cancelled founders esop options granted at IPO

CHRO and CMO at Freshworks have been shown the door. Employees were informed last evening. Surprised it's not out yet in public yet.

Frsh is doing it again. Comment if you know folks who have been affected.

There was a time swiggy was known for good leadership. Where are all those good people? I see PIP, depression, harassment, layoff posts from Swiggy off late. What’s is going on?

As informed earlier but many here said it's fake news.

Let's examine a snapshot of the Swiggy Engineering VPs' status from three months ago and compare it to their current situation. CTO Dale departed just yesterday. Storefront - Madhu has been promoted to the role of CTO, and we are awaiting the appointment of a new VP. ATS - Ashish is currently serving his notice period. MFP - Piyush has left the company, and Soumya has taken on additional responsibilities. RNG - Nitesh is currently interviewing with other firms. DIP - Soumya is still performing well in their role. DevOps - Anurodh is in charge. Location Intelligence - Pradnya is currently serving her notice period. One potential reason for their departure is the recent devaluation, which has resulted in an unofficial 50% reduction in the value of the ESOPs. Given the minimal salary increases, unless prompt action is taken by the remaining leadership, this ship will inevitably sink! PS The engineers at Swiggy are aware of the alternative interpretation of SOS.

https://www.moneycontrol.com/news/business/announcements/tense-atmosphere-tough-questions-at-freshworks-all-hands-as-founder-girish-mathrubootham-shares-details-of-layoffs-10321001.html/amp

I recently worked at a startup and it was terrible. To be honest, I still worked at one of the better ones but it just sucked. Some of the clear downsides I see - Survival mode leads to chaos. You can be treated anyway and asked to leave whenever even though you left big opportunities to be here - Brand loss to find next job (Big problem) - Trying to make you feel unworthy(Doesn't bother me but I have seen people lose self confidence) - Loss of opportunity to build real skills like building sustainable teams for the long run I think over all working at a startup especially early teams is a losing proposition. Do it only if - - you know the founders/team well - you know the industry and market well and it is a bet you personally believe in - you are secure enough in life that if you go back to your job, you will easily get employed For middle class kids, startups are the worst bets one can take.