Senior Consultant

Lay off at Kronos on holi

Consultant

Lay off at Kronos on holi- Grapevine

Around 14% people laid off. Worst impact on QA around 300 were laid off and a big impact in India

https://officepulse.live/index.php/2024/07/05/ukg-layoff

Big layoff at UKG 😱

Software Architect

The affected employees have been given severance packages of salaries equal to the number of years of service in the company. 

SAP Labs India lays off around 300 employees

SAP fired 300

Software Engineer

Welcome to Indian Startups's Private Community

Just like last year, this year too...
Somehow found out about it via news. There was chatter about it over the last couple of days, but didn't think it could just happen.

It's a long weekend now and not even sure when people will be informed :/

Layoffs happening at Swiggy - 400 of us

Please pray for me to get laid off. Want to get rid of this shit. At least will get some severance this way.

People from mid and top management (with fat paycheques) across org laid off on friday & today. About 100-120 people affected. 

Source: Heard from a friend. + mentioned in the Cross org emails by mukesh

Layoffs at cult.fit & cultsports

Product Designer

Loosing respect for the companies which are laying off the freshers. I thing it is the worst thing which can happen in an industry. 

Ola and Amazon have fired freshers very recently.
Any other companies which had done this?

Freshers laid off

Software Developer

As a part of the cost cutting laying off seniors and some juniors( already overworked people are gonna be more overworked now).

Layoffs | Aster DM Healthcare

Human Resources

Welcome to IT Company Discussion's Private Community

HCl layoff - any news

https://www.desiqna.in/11475/cognizant-fires-18000-employees-gives-crore-joining-salary

Cognizant fires 18000 employees but gives 6 crore joining bonus and 57 crore salary to new CEO in new year - Desi QnA

Layoffs

Welcome to Software Engineers's Private Community

Lay off

Just heard that Khoros layed off almost 200 employees. Is it really restructuring or they don't have any projects ??
https://www.linkedin.com/posts/shahkaran93_khoros-layoffs-careertransition-activity-7153446757576626176-hqcL

Khoros layoff

Frontend Engineer

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

Arround 30% of the backend team at Devtron, Gurugram has been laid off citing performance issus which includes both Interns and full-time. The problem is they mentioned FTE on the offer letter of the interns still their offer were revoked.

All of them were hardworking guys who used to work for more then 10+ hours a day in office, completing their task in ASAP.

Performance was not an issue, they just wanted to layoff.
Interns were paid 20 K per month and were expected to work like FTE with 1 to 2 year of experience.

A month before they started pressuring to complete and handover all the task as soon as possible to get it into production 😂 so that they are in no loss.

The layoff was done on the same day on the company organised a party to celebrate.


This is for people who will be joining them as Inter n or FTE. Do not join the company if you are not ready for this thing and you are not ready for toxic management and work culture.

Work life balance is 0 here 

Be ready to become a robot 🤖 if you still join.

Layoff at Devtron

Welcome to News Discussion's Private Community

Goldman Sachs laying off a big chunk of their workforce, about 4000!

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

Analyst

CPMO is being let go less than 1 year since he joined Jupiter. Is it a sign of broader layoffs at Jupiter or was it for performance issues that he is being fired? Anyone with insider insights here?

Jupiter laid off their CPMO

Investor

Welcome to Office Gossip's Private Community

Layoffs:

Global
- Stripe 14%
- Opendoor 18%
- Twitter 50%
- Delivery hero 
- Chime 12%

India
- Udaan (tranches)
- Chargebee 10%
- Byjus 5%

Hiring freeze:
- Apple
- Amazon

Mega Thread- All tech layoffs so far

Paytm layoffs

Product Manager

Shadowfax laid of approx. 100 employees in December and January combined. 10-15 % of folks were from senior roles. I would call it a smart layoff.

People laid off - Shadowfax

Growth And Strategy

This time even I am out on the job market after a stint at Dunzo.
It appears that the market is slowly starting to get better.

Please provide the names of companies along with the specific job roles or functions they currently have open for hiring.

Hopefully, some links and referrals for all of us.

🚀 Maha Mega Jobs Thread: Who is hiring TOP professionals?

I know Michael Page has been recruiting for quite a number of Founder's Office roles, saw a bunch of postings recently and got a reach out 

Probably can find them on LinkedIn

Lay off at Kronos on holi

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