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Layoffs
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WobblyWalrus
WobblyWalrus
Cisco

Layoff at Media.net

Entire team at media.net is laid off. Whole BU is laid off including analyst & senior PM's.

7mo ago
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DizzyPancake
DizzyPancake
PayU7mo

Media.net is extremely profitable. Why did they do layoffs?

SqueakyWalrus
SqueakyWalrus
Stealth7mo

To become even more profitable 🙂

GigglyDonut
GigglyDonut
Stealth7mo

Owned by Chinese company
Why would they spend more when they can exploit for less? 🤔

JazzyBoba
JazzyBoba
Zomato7mo

What about the freshers joinee of 2024 ?

WobblyWalrus
WobblyWalrus
Cisco7mo

It's happening in Product teams.

JazzyBoba
JazzyBoba
Zomato7mo

I am about to join them through campus placement is there any worry for me ?

BubblyUnicorn
BubblyUnicorn
Stealth7mo

Which BU ?

BubblyUnicorn
BubblyUnicorn
Stealth7mo

I know the full form, I want to know which BU got accepted

SquishyBurrito
SquishyBurrito
Stealth7mo

lol Infosys showing his IQ

FloatingJellybean
FloatingJellybean
Media.net7mo

Khauf ka mahaul hai 😔

BubblyUnicorn
BubblyUnicorn
Stealth7mo

Very unexpected, suddenly
Like when Market is about to get stable one or another company come and does layoff

SparklyPanda
SparklyPanda
PhonePe7mo

What's the reason this is happening?

FloatingJellybean
FloatingJellybean
Media.net7mo

Happenning accross all teams

In some team its performance based and rest are random sampling
Agencies hired to fire people

BubblyUnicorn
BubblyUnicorn
Stealth7mo

Is Mumbai location affected? , and had tech also affected

FloatingJellybean
FloatingJellybean
Media.net7mo

Mumbai - yes
Majorly tech and product teams were affected

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