Big tech deliberately setting fire for clearing out workforce, make tech unsustainable for large no of people so they quit crying about toxic workplace without the comoany bearing cost of severance. 
 They have identified one tenth of current employee required see atwiiter for eg.

Software Engineer

💯 facts. Even switching right now in hopes of better culture is tricky

This is actually happening in every company. I personally went thought this and have no motivation to work because I don’t when my email will be logged out.

Layoff impact

Product Manager

Layoff impact- Grapevine

Edtech layoffs still continuing?

Teams were asked to strictly work from home for today because of plumbing work going on in the office. Roughly 300 people were laid off in a townhall hosted by the founders.

Scaler lays off 20-25% of their workforce

How will they tell people that their courses will help get a job in a product company now?

Recruiter

Software Developer

Welcome to Indian Startups's Private Community

I am seeing lots of startups are firing these days even previous year it was happening.

Would like to know the mindset of employees who got saved. Like to know what goes inside your head. How do you deal with this situation as it can happen with who got saved somehow, etc etc

What is the morale of employees in company where layoff happens

Android Engineer

I work at Paytm and rumours are that 35 percent of workforce is going to be fired by may end. I'm definitely in the bottom 35 percent of my team as I'm in a new team and still learning the product. Even my team lead is saying that he will be fired. Now I'm confused, whether to work more or just completely stop caring about work. 

I need a change. Can anyone provide leads for a backend engineer who works primarily on MERN stack and familiar with Java Springboot stack. I'm hard working and good at Leetcode style algorithmic questions

Layoff Paranoia is ruining my life

Welcome to Software Engineers's Private Community

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

Welcome to Office Gossip's Private Community

Trying to see companies that people here have had the dream to join, but didn’t ultimately work out. Have you now grown over it?

Which company were you obsessed with joining, but never could?

For me it was McKinsey 
 It was the best job out of college, status wise. 
  
 Did well in college and made it to the final shortlist. Was obsessed with it, read books and all about The Firm. 
  
 Then the interviews happened, couldn’t convert. Was a downer.  
  
 But 5 years later, doesn’t matter much. I feel life taught me better things. And my fascination of consulting jobs has changed drastically since :p

Corporate Strategist

Housing.com (REA India) ranked 3rd in the GPTW survey this year. They provide several awesome perks like, laying off without any notice, fucking their reviews just so that they could justify the lay offs, and threatening actions if anything came out on social media. 

10-15% of the whole tech team was laid off (mostly freshers) apparently on the basis of low performance.  It was all carried out by the higher management, not even the managers had any clue about the lay off happening. 

The performance rating was rigged by the higher management who had no interaction with the tech people. They had this awesome idea of getting reviewed by people who we had never interacted with. Managers were merely bystanders who had no say in the performance review whatsoever. 


PS: A note for the management -->
Housing.com would be an employee friendly company only if you guys would give two fucks about employees, instead of Caring so much about the GPTW ranking like conducting hands on sessions and literally forcing people to put in good rating.

Mass Lay-offs at housing.com (REA India)

The rigged performance rating and the secrecy is so true. I got to know about my colleague getting fired when I opened his slack which was deactivated. Upon calling, he said it was all done in 5 mins, Forceful resignation, No Severance and was asked to post nothing on social media.  
  
 From my team alone 2 people have been laid off both freshers.

Got to know through my network that Brainly india has asked the entire team from their MD to all junior folks to go. Reason - sudden change in strategy.. they didn’t let the product even launch.. the team was in full swing prepping.. impacted folks 30+ or around that number.. within 6 months of hiring everyone.. while in the interviews they promised 5 years runway.. long term strategy for india.. ceo didn’t even apologise.. they come hire Indians and let go at the drop of a hat.. the employment contract said that either party have to give 3 months notice to resign.. so that’s what they did they are giving 3 months pay not in one go but month on month and after that nothing. No severance pay, no bonus paid to eligible employees, no help in finding jobs , no mental health support, medical finishes in 3 months.. in this time when hiring is on global freeze they have treated Indians like puppets come hire and fire when you want, they have money in bank account a runway for 18-24 months.. still they couldn’t hold on to india team.. heartless way of dealing with junior folks how will we find jobs

Brainly India - entire team laid off

Frontdesk, a proptech startup overseeing 1,000 furnished apartments nationwide, terminated its entire 200-person workforce due to funding challenges over a 2-minute Google Meet call, according to a report. The layoff occurred during a brief virtual meeting where CEO Jesse DePinto announced plans for state receivership.

Company lays off entire 200 employees over 2-minute Google Meet call

US based startup laid off entire workforce on a 2 min Google Meet call. Waah.

Isn't it hilarious that there was so much outrage over the better.com CEO firing employees over a Zoom call in late 2021, fast forward a year we have these so called GIANTS laying off employees via an email.

Disgraceful stuff.

Layoff communications

Analyst

I am sure this post will get a lot of backlash but still I want to express my thoughts. I usually don’t post anything but this just cross my mind.

It’s been months now and we are hearing layoffs news from big tech giants Twitter, Google, Amazon, Meta, Microsoft. LinkedIn is flooded with posts from the people who got laid off. These posts garnering thousands of comments from people ready to help.

My question to the tech community, What are we doing for our people who are not from so called big tech companies.? How are we helping them? I am sure there are people who got laid off from other companies need greater support in getting a job.

All the companies right now are focussing on getting people from the former group. I don’t have any problem with that but it’s the fact that they were already on the top 5-10% of the tech pyramid. They were getting paid better than anyone in the market for years. They got the best facilites and sure have a good financial backup and savings. Even the severance packages they get from their companies is way higher than the market standards. Moreover, they are talented minds and already have an edge over their competitors.

My request to tech community is to stop being biased and help people from the latter group to get some living(Job). They are in more need of our help and support.

PS: This is just my personal opinion and there is no negative context to it.

Layoff posts in LinkedIn

Hi folks. Have there been any recent layoffs at Yubi in the product team? Lots of CVs floating around and plenty of people using LinkedIn Premium.

Product team layoffs at Yubi?

Growth Manager

Last night many people got notified; 10th June is the LWD in India ! Did you got impacted? 

This layoff is presented what happened 2.5 months back in MTV!

Layoff hitting Google BLR/HYD/PUN/GGN

Engineering Manager

Sad story... Anyone else you know of who has been affected ?

https://www.indiatoday.in/technology/news/story/indian-microsoft-employee-laid-off-after-21-years-for-service-says-it-is-hitting-him-hard-2323719-2023-01-19

https://timesofindia.indiatimes.com/business/india-business/husband-wife-deal-with-layoff-on-social-media/articleshow/97156717.cms

Microsoft Layoff Impacts

Amazon layoff
My friend got an email stating layoffs have started and people are being contacted on the same!!

Layoffs

Team Lead

Any chance of layoffs in swiggy in the technology department?

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

Google layoffs have happened guys

Currently working in MAANG abroad. I might get affected in upcoming layoffs however i have no motivation to start looking for new job. 

I have been switching jobs for last 2-3 years and somewhat exhausted now. Only thing i want to do is chill and continue gymming 😂

No motivation to find new job

I've had the fortune of having worked in 3 countries so far. India is by far the most exciting place to be in 2024.
But there's something about our work ethic that just concerns me. In both white and blue collar.

In most other countries, I've observed people strictly sticking to the 9 to 5, working diligently in those hours - not wasting too much time on chai sutta breaks, instagram browsing, gupshup etc.

They work for 8 hours, then leave. And think about work directly the next day.

In India, most of us spend more hours - but very obviously very few of those hours are productive. In fact, I lately feel that too many people around me are doing even 2-3 hours of work on a good day.

We end up just staying around, passing time, and then go back home. When we could have achieved so much more.

Work ethic has fallen. Work hours have gone up.

We need to be more mindful of our actions, we need to work well at work, and then do well at home.

I think it's a function of being over populated. There are 1.5-2 people doing what 1 person should be doing, hence this effect.

Needs to be fixed, it's the sign of a major problem in the workforce. Thoughts?

Disguised unemployment in India - It's all around us :/

We don't end up staying long hours because we need to. But because we have to, so that the manager doesn't feel like we leave the office by "half day".  
  Also, they have a leverage that they can shut their laptops at 5 and nobody will reach out to them. But here in India, managers do reach out for escalations, or make us attend lat evening calls because it's afternoon in Europe or morning in NA. The people sitting in Europe or NA are not made to wake up early or attend night calls to accommodate us during our actual 9-5.  
  People also chit chat etc. bcz they know for sure that they have to sit for long hours..so they need to take small breaks in the day. No one has the capacity to work 10-11 hrs without any breaks.  
  Here it would never be possible to have such a strict 9-5.

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