It was more of a COVID product. Now COVID doesn't come every year so the product is useless.

Analyst

Engineering manager

Yes it's true some employees have already been seeking out for other opportunities

Software Engineer

The startup Airmeet laid off its tech, sales, and etc teams with one months severance.

Lay offsat Airmeet

Lay offsat Airmeet- Grapevine

Welcome to Indian Startups's Private Community

Massive layoffs at airmeet 🥲

Product Manager

Keep hearing there is a massive layoff coming... Founder checked out and company is up for a firesale... Anyone from there?

What's up at airmeet

Product Owner

Welcome to News Discussion's Private Community

- Airmeet has laid off around 80% of its tech team in its third restructuring in 16 months.
- The layoffs also impacted employees from the product and design teams, totaling around 30 employees or 20% of the workforce.
- The restructuring is part of a cost-cutting measure as the startup struggles to increase revenue post-pandemic.
- Airmeet is shifting focus to a new AI-powered product, moving away from its event management platform.
- The impacted employees will receive severance packages based on their notice periods. 

 Source: [Inc42](https://inc42.com/buzz/airmeet-undertakes-another-restructuring-exercise-fires-80-tech-team/)

Prosus-Backed Airmeet Fires 80% of Tech Team in Major Restructuring

Journalist

Airmeet layoffs. Glad they ghosted me 15 months back!

Channel Sales

Meesho will be firing 251 employees this week. I have many batchmates in this org and have heard nothing but good about this company.

Sad to see this economy claiming another victim in the form of Meesho.

Whoa!!! Meesho also joins the lay-off season

"Healthtech startup implodes, axes 3/4 of workforce after lavish Series-C funding round! Upper management rewards themselves with director-level promotions, while loyal employees are left in the lurch. In a ruthless move, the company offers a two-month notice period but refuses to provide termination letters, forcing employees to quit and forfeit their rightful severance pay. The very same employees who contributed to the startup's success are now callously discarded, leaving many wondering if greed and betrayal are the new industry standards."

Hint - it's amongst one of the biggest emr platform and says doctor first approach.

Layoff news - Major healthtech startup

Support specialist

This morning, ShareChat laid off twenty percent of it's entire staff. The laid off employees were locked out of their system and received the communication of their lay off in their personal email. This is the biggest layoff by ShareChat so far. Many of the features of the ShareChat and Moj app have been told to shut down and their entire team is fired. The employees are offered 45 days of severance pay, leave encashment, bonus and are allowed to keep their system with them.

20% layoff at ShareChat

It was a pretty tense situation at the office. 

Nearly all engineering managers were laid off, most of the SDE-2s who were not the core engineering team and a lot of SDE-1s who had just joined this year. Even the interns were let go today.

Pretty scary scenario today. Just putting out an update. Apparently it was done to please the investors for the next series of funding. Can't say for sure though.

CityMall conducted layoffs today.

DevOps Engineer

Welcome to Product Managers's Private Community

I was recently asked to resign/layoff along with 40% of the engg and product function at the org with 1 month pay.
I have 1 yr in Fintech Product M and 3 years in Travel tech.

How the hiring situation like right now? Anyone currently looking please share.
Referrals appreciated.

laid off, how’s the market?

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Lay offsat Airmeet

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