Is your company optimising their spending?

Moengage is hosting a “flagship” event in their “home turf” and are asking employees not to come so they can save money on the number of plates served during lunch and the amount of beer bottles served. What’s the cheapest cost cutting measure your company has taken so far? The irony is that Moengage called an investor to whitewash their financial condition in a recent town hall.

In your experience, what are some early signs that help detect incoming layoffs at a startup? It could be company-wide, team specific or in a particular function only.

So I joined a startup on Oct, 23(6 months completed). They are struggling to raise funds. From Jan, they started layoffs from ops and customer support, went to major cost-cutting: no tea, snacks, giving the floor to rent, restricting the leaves: like for leave, you have to get approval from HR and the CEO, not the manager. I'm in a tech team, and multiple products are lined up for release, so work is there, but ultra micro-managing. I'm getting opportunities but I'm not sure whether to switch or not. I leave my last job in 5 months due to their funding issue. That's why I'm skeptical to leave or not. Would love to hear advice.

We use 1. Freshdesk 2. Mixpanel 3. Gecko boards 4. Jira 5. Slack

Work culture has become ultra toxic. Managers have started nano managing and literally are a pain in the ass. Product giving unrealistic timelines and leadership agreeing on the same without even consulting the developers and even if the developers are raising concerns, no fucks are given infact they are made to realise that this is how a startup should work. Literally everyone is working their asses off and still unable to meet the deadlines. Empathy is completely lost and WLB is a sham. People including me want to switch but are not even getting time to prepare.

Need some recommendations for a tool for our product management. Need it to meet following criteria: 1. Easy visibility of Cross team roadmap's dependencies 2. Publicly sharing of roadmap status 3. 2-way integration with jira 4. Track jira tasks to by goals Bonus if under $10/month/login. We are presently using excels 😁

I have been getting a feeling that software engineers (SEs) have a sense of entitlement, believing they deserve a salary of 50-60 LPA with 2-3 years of experience and a 30-40% raise every year. As an SE myself, I believe this sense of entitlement leads to unrealistic expectations in the workplace and hampers actual output. Past nine months have been brutal, with mass layoffs and minimal or no increments. Due to this I have noticed people putting minimal effort into their work. I understand that getting no appraisal can be demotivating(trust me I do) but considering what we are paid for what we do is just insane(I am comparing with other industries). With funding becoming scarce, many companies are no longer burning through cash. Most Indian companies will prioritize profitability to secure further funding rounds or pursue an IPO. Since engineering teams account for a significant portion of expenditures, everyone will be looking to cut costs by any means necessary. What are your thoughts on this situation? Do you still give your 100% even if you didn't receive a raise but are being well compensated?"

What's the weirdest, funny, worst or best things you've heard a company did for shake of cost cutting

Just wanted to give some updates now that it has been 1 month since the last post 1) Senior Leadership from Tech (3) , a senior director from Product , Finance Head have all resigned. Strategy team has been dissolved. 2) There are more people in the pipeline and will get more clarity by month end. 3) Everyone over the CTC of 60 lakh has been asked about the revenue that they bring in and based on that, their position is being reconsidered. 4) All contract workers have been terminated. Interns have been told that they won't be receiving PPOs. 5) Senior Management Has been asked to take 20% paycuts. 6) Even at Junior level, people have been asked to take pay cuts or resign. 7) Lots of tools used in tech are being removed and AWS subscription has also been revised. Meanwhile HRs have been celebrating on slack channels that Yubi has been ranked in Top 25 companies for career development :/

I have been hearing from multiple friends across organizations in India. Lay offs are not in news but happening silently across boards. Companies are on cost cutting mode. Interesting year ahead