Friends working at the company. Also I’m ex employee :)

Analyst

I remember them talking about never doing the layoffs, guess they jinxed it

VC Analyst

Journalist

Growth Manager

Well you can never trust corporate. Afterall there are buch of hypocrites controlling this.

Software Engineer

HRTech platform recently laid off 10% of their workforce and also announced pay cuts for the employees.  Funny how they boast about not having to layoff employees in media.

HR-Tech platform recently laid off 10% of their workforce and also announced pay cuts for the employees.

Funny how they boast about not having to layoff employees in media.

HackerEarth Layoffs

HackerEarth Layoffs- Grapevine

Revenue growth is less than projections & has triggered another bunch of layoffs

More layoffs at HackerEarth

Marketing Manager

HackerEarth announced second round of layoffs today in the townhall. More details to follow soon

Second Round of Layoffs- HackerEarth

Welcome to Software Engineers's Private Community

Recently we saw Paytm making layoffs due to AI.
Are there any other companies that did the same?
People whose companies laid off people due to AI. What kind of automations made it possible?
Is AI actually doing the work or is it just an excuse to lay off people?

Layoffs due to AI

Software Developer

https://www.indeed.com/press/releases/a-message-from-our-ceo-chris-hyams

Indeed laid off 15% 2,200 ppl

There was some call around 9 AM today, some folks are laid off. Didn't know the % yet.

Meesho started layoffs !!!!

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

Edtech layoffs still continuing?

Teams were asked to strictly work from home for today because of plumbing work going on in the office. Roughly 300 people were laid off in a townhall hosted by the founders.

Scaler lays off 20-25% of their workforce

How will they tell people that their courses will help get a job in a product company now?

Recruiter

CEO takes full responsibility for company’s shortcomings and eliminates1750 roles today!This is done after already eliminating 900 positions 6 months back!!

Wayfair Layoff 1750 Employees Globally

Can anyone confirm. Reliance Retail laying of 80% workforce from JioMart.

Reliance Retail Layoff

Business Analyst

Source: https://www.indeed.com/press/releases/a-message-from-our-ceo-chris-hyams-2

India not impacted it seems. Majorly US tech team.

Indeed laid off 1k (~8%)

Week back there were posts by linkedin engineers that linkedin is hiring SDEs and anyone can as referral and today they laid off 700 people.

Like whats happening man!!! Is the company dumb or what?

LinkedIn Layoffs India

(1) Reduce cost of human capital -> (2) Post better EBITDA numbers in earnings calls -> (3) Get big bonuses and sell your equity if its value is rising -> (4) Hire a lot of people again so that you can repeat this cycle again to profit

170 people impacted 
Link : https://www.theverge.com/2024/1/11/24034705/discord-layoffs-17-percent-employees

Discord lays off 17 % of its workforce

Corporate Strategist

Did Byjus layoff happened in Tech Teams ??

Welcome to News Discussion's Private Community

According to a report, Amazon will be terminating 10,000 jobs starting this week, which represents less than 1% of its 1.5 million global employees and around 3% of the company's corporate staff.

Amazon to layoff 10,000 employees

They fired almost 50% of the workforce

Aug 2022: 20%
Nov 2022: 22%
Feb 2023: 7%

Leaders lie about not having anymore layoffs and they also ensure that we can’t talk about layoffs if we want the severance via NDA.

Affected in Turing layoff number 3

I have recently got laid off from one of the Fintech firms. They have been silently letting off people since last year but the no. Of employees let go have been higher in the past 2-3 months. They have downsized by more than 100 people in the last 8-10 months to avoid PR disaster. Not naming the company but just wanted to know if this is right way to do it both from employee and employer perspective.

Fintech firm laying off

Head Of Growth

GitHub laying off 80% of employees in India...any information on this?

GitHub laying off 80% of employees in India.

This is actually happening in every company. I personally went thought this and have no motivation to work because I don’t when my email will be logged out.

Layoff impact

Product Manager

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

Its a startup , Many people layed off. All thanks to insane hiring and now firing.

HackerEarth Layoffs

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More layoffs at HackerEarth

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Second Round of Layoffs- HackerEarth

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Layoffs due to AI

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Plivo

Indeed laid off 15% 2,200 ppl

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Meesho started layoffs !!!!

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Grapevine

Google layoff details

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Scaler lays off 20-25% of their workforce

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Wayfair

Wayfair Layoff 1750 Employees Globally

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Reliance Retail Layoff

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Plivo

Indeed laid off 1k (~8%)

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LinkedIn Layoffs India

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Discord lays off 17 % of its workforce

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Early Stage Startup

Did Byjus layoff happened in Tech Teams ??

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Student

Amazon to layoff 10,000 employees

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Big 4

Affected in Turing layoff number 3

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Fintech firm laying off

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GitHub laying off 80% of employees in India.

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Mass Layoffs at Navi Technology

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