Software Engineer

What's the layoff scene in C2FO nowdays???

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Layoff scene

Product Manager

Layoff scene- Grapevine

"If you have to conduct layoffs, which is always a regrettable thing, there's kind of three things that are very important. One is to communicate well with your employees in order to help them understand why it is you're doing, and how. Second is to make sure that the employees who are part of the go forward, understand kind of what happened and are not like the ground doesn't keep moving. It's like, okay, we did that, we're moving forward, here we go. And then for the employees that you unfortunately have to let go, try to provide as much support for them as possible." ~ Reid Hoffman

Layoffs

Finance Operations

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Dear Companies,


Consider at least 1 round of discussion before firing.

while you can conduct 5 rounds of interviews before hiring.

Corporate life Layoffs

Test Engineer

Welcome to Office Gossip's Private Community

One more layoff !

Looks like planned announcement with Swiggy 🤔

Account Executive

Lay off

Software Developer

With big corporate giants like Google, Apple, Bain, Tesla, Amazon etc. laying off staff in the name of cost reduction, automation&innovation and restructuring while at the same time tech companies like Accenture not awarding any yearly hikes to professionals for 2 consecutive years now, where do you see the IT/Tech/Consulting industry heading towards in next couple years down the line? By when is the market expected to revive? Which companies are still committed to ensuring job security along with high pay standards or is that a thing of the past? Please enlighten me😊

Layoffs everywhere?

Senior Consultant

A Corp Bro creation, Keyplay enriched, community-sourced, no-pay-to-play, ungated, BS-free, list of tech companies who are still ACTUALLY hiring.

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layoffs.fyi^-1

https://www.reddit.com/r/FinancialCareers/s/Mgw1iOMZwh

Citi layoff 7000

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Hey,

I've been working as a Frontend Developer at a startup in Hyderabad for the past 2.3 years and I've also worked on backend projects unfortunately, over the past year management hasn't been able to secure new projects on Monday my 4 colleagues had 1 on 1 discussions with HR and were given a month to find new jobs. If they can't they will be terminated in 2nd month I'm currently on a project but with less amount of work—should I be worried? It seems like they plan to terminate 4-5 employees every month.

Layoff

Frontend Engineer

Boys and girls, Simpl is laying heavy this week. Stay tuned for my rant post in some days

Also Dm if you can refer for sde jobs, thanks

Simpl Layoffs

Bruh they were hiring last week. DM me for referrals at Angel One. (Fully remote for SDEs)

INDmoney

Program Manager

After CEO, it’s time for CFO. I was just wondering what would be the “severance & transition costs” of such fast-paced changes at OLA. Any reference data points?

Severance & Transition Cost

https://www.instagram.com/reel/DBL3lmbR8uk/?igsh=dHF6dDgzYW9wcXZ1

Layoffs restructuring 🤡

The company had more than 6 layoffs in the past  10 months. Right from office boys to the company COO was affected by the layoff. The recent layoff happened 10 days back, where the company didn't pay their employees a single dime and instead gave them their value less esops to keep their mouth shut. The company is being run by 2 arrogant adamant co-founders along with their 10 other close ally so called the CORE team. The employees were on 30% salary cut since 10 months in the name of deffered and were promised that everyone would get it back with 8% interest on the cut. In every layoff employees were asked to leave within a day or two without even paying them for their notice period. Nobody was vocal about it as the founders had threatened some ex employees that they would make their life miserable and they will find it difficult to get jobs anywhere in future.

The dirty game of Dukaan's layoffs

If we actually think about it, this is even worse than Byju’s. No severance, long-standing pay cuts, and direct/indirect threats.  
 Dukaan deserves to die.

Operations Manager

I was working at a Start-up more than a year back. We were required to either raise funds or do something else, against what we wanted to do, to move forward. 

One day, the co founders got us on a call (<10 people team), and explained the situation to us. 

Either an acquisition or a round of funding was the only chance. We hadn't raised any round up until then. 

Unfortunately, we had to bid goodbye to something that we were passionately working on.

Lay-offs!

But, we got 2 months notice. And on top of that, we were encouraged to prepare for interviews throughout those 2 months (while giving minimal importance to work). 

I literally cried multiple times because of the thought of having to leave the amazing team. 

The founders helped us with all the support, and made use of their network to help us get through as well. We're still in touch with the team, and all of us are at relatively good positions now. 

(Although anonymous, just wanted to share this out there with all of you folks. And I try to 'help it forward' as much as possible)

Good layoffs!

Hii, I'm a front-end developer having around 3 years of work experience. I got laid-off in 2023 just after 1.8years in an organisation. Then I joined another company and got laid off in 6 months. Now I have an offer from early stage startup but I'm too scared to accept it because of my experience. But on the other hand I don't have any offer as well. Will it look bad on my resume. I don't know... I've started thinking that something is wrong with me otherwise what is the chances of getting laid off twice within same year. 
First I loose my peace of mind because of work pressure and then I loose my work... pretty f**cked up situation.
I have never been this unde confident. 
What do you think shall I take the offer from startup again or wait few more months or more to get into good mnc??

2 Layoffs in 2 years

I'm currently awaiting result of my interviews at Zeta for Prog Mgr role.
1. Anyone aware of the benchmarks or what would be a good hike in the current mkt. environment?
2. How's wlb and culture at Zeta?

My current base is 25LpA + Esops with 4 yr relevant work experience.
Another fact: I'm in a remote setup company, so working from a Tier 2 city And Zeta will be a 5 day office.
Any other red flags/advise is welcomed

Zeta

Consultant

Around 30% of the staff have been laid off. Some teams have been completely laid off.
This is after the layoffs of around 15% around November/December last year.

More Layoffs at Ocrolus

Any info on How are the things at YC backed startups? Carwale, Razorpay, etc. ? Are you guys taking a pay cut or is the startup planning to layoff folks? What’s the scene?

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