WobblyWalrus

Layoff at Media.net

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

6mo ago

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DizzyPancake

PayU6mo

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

SqueakyWalrus

Stealth6mo

To become even more profitable 🙂

GigglyDonut

Stealth6mo

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

JazzyBoba

Zomato6mo

What about the freshers joinee of 2024 ?

WobblyWalrus

Cisco6mo

It's happening in Product teams.

JazzyBoba

Zomato6mo

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

BubblyUnicorn

Stealth6mo

Which BU ?

BubblyUnicorn

Stealth6mo

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

SquishyBurrito

Stealth6mo

lol Infosys showing his IQ

FloatingJellybean

Media.net6mo

Khauf ka mahaul hai 😔

BubblyUnicorn

Stealth6mo

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

SparklyPanda

PhonePe6mo

What's the reason this is happening?

FloatingJellybean

Media.net6mo

Happenning accross all teams

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

BubblyUnicorn

Stealth6mo

Is Mumbai location affected? , and had tech also affected

FloatingJellybean

Media.net6mo

Mumbai - yes
Majorly tech and product teams were affected

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