Layoffs at Ola

Loosing respect for the companies which are laying off the freshers. I thing it is the worst thing which can happen in an industry. Ola and Amazon have fired freshers very recently. Any other companies which had done this?

A good friend of mine who was hired in Ola Electric (on campus 2022) as SDE has been put up on the performance improvement plan / PIP. Interesting part is that half of her team was laid off and remaining ones have been put up on PIP. Those on PIP are being asked to also pay for 3 months salary along with the joining bonus. I don't think giving back 3 months salary and joining bonus is something she should accept? Like they're anyways ruining their career by putting them on PIP in first 10 months of their start of career?

Is this all for IPO ?

Officially the company says it will lay off 10% of its workforce. But employees say the actual figure is more. Can someone give more information on this? At [email protected] ?

Ula not Ola laid off 23% of employees.

Amazon has started another wave of layoffs