History lesson: 
  
 https://www.linkedin.com/feed/update/urn:li:activity:7031259963830202368

Software Engineer

Amidst the India layoff news, I just discovered this. Impacted employees will receive much lesser stock options than communicated before!   https://www.indiatoday.in/technology/news/story/googlemis...

Amidst the India layoff news, I just discovered this. Impacted employees will receive much lesser stock options than communicated before! 

https://www.indiatoday.in/technology/news/story/google-miscalculates-severance-packages-laid-off-employees-to-get-less-stock-than-expected-2333713-2023-02-12

How TF are these so-called big companies running like BAU after being such jerks? Imagine calculating the severance package wrong?

Google miscalculates severance package!!

Brand Communication Manager

Google miscalculates severance package!!- Grapevine

Google is sick 🤢 !! 700 million to fire people.

Product Designer

High likelihood that google india will see a large layoff this week. It could be as soon as today.

This is the unfortunate week for Google India employees :(

UX/UI Designer

Quite a large number of people were asked to resign gradually over the 3 weeks.

The impacted personnel include SEs,Some PMs, and EMs too.

Looks like a massive downsizing. Around 30 percent of the folks seem affected, but I'm not sure on that number.

No severance. A month of notice.

Layoffs at Practo

Welcome to Software Engineers's Private Community

Finally AI showing its true color! More org to follow the pattern!

https://www.livemint.com/companies/news/google-to-let-go-of-30-000-employees-due-to-new-ai-innovation-heres-what-report-suggests-11703383333475.html

More blood

Engineering Manager

https://zeenews.india.com/companies/over-50000-employees-laid-off-by-153-companies-globally-in-2023-so-far-as-google-joined-the-league-2563912.html

Alphabet and Google CEO Sundar Pichai announced in an email sent to affected employees to lay off 12,000 employees globally. It joins the league of other companies like Microsoft, Salesforce, Vimeo to fire their employees in 2023 till now. 

Over 50,000 employees laid off by 153 companies globally in 2023 so far as Google joined the league

Massive layoffs

Customer Experience

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.

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

Analyst

Welcome to Office Gossip's Private Community

Got to know through my network that Brainly india has asked the entire team from their MD to all junior folks to go. Reason - sudden change in strategy.. they didn’t let the product even launch.. the team was in full swing prepping.. impacted folks 30+ or around that number.. within 6 months of hiring everyone.. while in the interviews they promised 5 years runway.. long term strategy for india.. ceo didn’t even apologise.. they come hire Indians and let go at the drop of a hat.. the employment contract said that either party have to give 3 months notice to resign.. so that’s what they did they are giving 3 months pay not in one go but month on month and after that nothing. No severance pay, no bonus paid to eligible employees, no help in finding jobs , no mental health support, medical finishes in 3 months.. in this time when hiring is on global freeze they have treated Indians like puppets come hire and fire when you want, they have money in bank account a runway for 18-24 months.. still they couldn’t hold on to india team.. heartless way of dealing with junior folks how will we find jobs

Brainly India - entire team laid off

Product Manager

As per internal company sources: This is big like 500+, lots of folks cut in platform teams, brand teams, marketing teams, business teams, product and tech. Wish everyone there all the best. This shall too pass!

Layoff at BYJUS as mentioned by articles

Hired lionel messi to promote brand and cuts employees to save costs.  
  
 What a fucking high IQ C suite the company has🤣 piece of shits, thats why never work for Indian companies. No morals

AI Engineer

Growth Manager

Welcome to Personal Finance's Private Community

How much money do you need to retire at 30? Lol

Retirement

Program Manager

Google lays off more employees and moves some roles to other countries

Covid charity hiring and Diversity hiring ate google from inside just in 3 years. 🥲

Research Engineer

Apparently 1k Were made Under Performs and laied off 
Is this True ?

Intuit Layoffs

Software Developer

We had heard Google india layoffs will happen at the end of Jan/early Feb, have they happened yet?

Google India layoffs done?

Product Marketing Manager

Welcome to News Discussion's Private Community

Alphabet, the parent company of Google, plans to fire 10,000 "poor performing" workers, or 6% of its workforce

Google is planning to fire 10,000 employees

Declared for the states: We’ll pay employees during the full notification period (minimum 60 days).
We’ll also offer a severance package starting at 16 weeks salary plus two weeks for every additional year at Google, and accelerate at least 16 weeks of GSU vesting.

We’ll pay 2022 bonuses and remaining vacation time. 
We’ll be offering 6 months of healthcare, job placement services, and immigration support for those affected. 

Outside the US, we’ll support employees in line with local practices.

Google layoff details

People who were affected just got emails. Orgs include Search, Cloud, Ads , Assistant,  Pixel, etc. Engg is affected

Big layoffs at Google!

Last I saw someone post that his Google Interview has started.  
  
 Guess, FAANG are showing their fangs.  
  
 Apple laid off subcontractors and not employees from what I read.

Welcome to Moving Abroad's Private Community

Daily we are seeing MNC who has Crores or rupees in bank but Playing Layoff Layoff Because Everyone is layoffing so why not i?

Why Still we are using that apps /Product - They don't even know how many our brother and Sister left countries with all of Sudden, Children lefts school forever, People are taking expensive flights because airline wants all left money from them, Home Deposits because homes are under Contract, Every single thing is against of Layoff Person.

Hate It.

If Layoff than Why not you Boycott

The New World

Marketing Manager

Last night many people got notified; 10th June is the LWD in India ! Did you got impacted? 

This layoff is presented what happened 2.5 months back in MTV!

Google miscalculates severance package!!

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Google is planning to fire 10,000 employees

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Layoff hitting Google BLR/HYD/PUN/GGN