Grapevine >>>> Layoff’s

Hey Grapevine folks, Can we please share any info on companies that are laying off or have laid off in recent times (2-3 months)? We can use this format: <company name> (<location>) - <number of employees laid off> - <reasons for layoffs like low runway> - <first round or follow-up round of layoffs> This would be helpful for folks who are currently in the market to understand the layoff scenario.

List of companies doing silent layoffs using PIP and Cultural fit issues. Myntra Flipkart Meesho Cars24 Smallcase

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!

What the hell is wrong with companies these days? They are trying to take advantage of laid off people!! I had 2 offers from renowned companies, both of them quoted me numbers and I agreed with. And now, the HR calls me and says since you don’t have a counter offer we can’t offer you that much we promised you earlier. Well, f*** you. I have competing offers but just got them confirmed over calls. As soon as I get them, I’m gonna kick your offer and never coming back doesn’t matter how much you pay. And for sure, I am gonna keep you hanging till the very last moment of joining date and then just write a apology mail (which I wouldn’t even mean) saying that sorry I can’t join tomorrow. You get what you deserve. I deserve better compensation, better people and not just the ones who goes back on their words. F*** you again!!

Asking for a friend 😶‍🌫️

Thank God! We have Grapevine ❤️ because LinkedIn makes me 🤢🤮