Is it just him or are there more? 1-2 instances can be just perf. based

Product Designer

Software Engineer

If it is a performance based layoff, it really isn’t Layoffs.

Product, engg and design was affected. Except the leadership, most of yhe people were laid off

Recruiter

https://entrackr.com/2023/12/pine-labs-nears-rs-1600-cr-revenue-in-fy23-with-sound-economics/  
 Sound economics last year. Guess they aren’t expecting much growth so want to trim employee costs instead

Lawyer

What! . I havent heard of this. Cant comment if its true.

Product Manager

One of my batchmates got laid off . Wasn’t expecting this. I thought they were doing well

Layoffs at pinelabs

Layoffs at pinelabs- Grapevine

Extremely sad. Labelling laid off folks as underperformers in public. Getting hired in this market would be a huge challenge for them now.

Intuit Layoffs

Analyst

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

Software Developer

Welcome to Software Engineers's Private Community

There is rumours that in upcoming week , there is mass layoff at pharmEasy .

Is pharmEasy is doing more layoff.

I used to work in a start up in Bangalore, they overhired in 2022 and overpaid the freshers, more than the experienced engineers were getting paid.
To fix this put 30% of workforce on pip, laid off 20% I was one of them. 2 months later, they did open layoffs, did it again in 2 months, and one of my friends there heard the founders cracking a laugh that even the investors wouldn't have expected us to do this so fast.

I joined another company, they lost the client I was hired for, and few more clients, I was told they will have to do layoffs and my name is in the list. So they asked me to resign and I refused by saying we'll consider a last working day, if I get an offer I'll resign otherwise anyway I'll have to be laid off and they agreed. This happened one month after I had joined this company ( also a startup ).


So, being laid off once was already a big enough punch of reality, with an education loan on my head.
I joined another company and got laid off again. Tough shit.


I ended up getting an offer before my lwd.
I am not from any IIT, I am not an exceptional engineer. I am very bad interviews, my resume usually doesn't get shortlisted.

Sheer volume of effort I put made the impact on me getting a job.
Right now I am the best job of my career, with a better management.


Trying to say, it's a tough time. But you'll get through it.

PIP then laid off, again laid off

Iam a product designer, ui developer, no code   have 2 years experience. 
This is some feeling. Got into company 1yr before when the edtech platform failed in capturing users . The problem statement  was to make a platform to teach machine learning  and data science  for kids between 12_18 age.
Build a complete game ui concept . All like it now the MVP is released ,company said they are focusing on marketing so restructuring. 
Over 100 screens (1000) iterations. 

It was fun designed entire thing myself. Hard to belive I'm out.

This too is an experience  I guess. 
Iam just 26 by the way

Got laid off today, it took 1 hr call to tell me iam layer off.

UX/UI designer

I am expecting an offer from GoTo for a senior data science role. How good is the culture and whether they provide mobility to SG ? Safe to join GoTo given they had layoffs recently?  Thanks

Reviews on GoTo India (Formerly Gojek)?

Research engineer

I joined Morgan Stanley India as a spring intern this January. I was supposed to work for 6 months and would have been converted to a full time employee post the internship. I worked my ass off and got outstanding feedback from my manager (VP) and their managers as well (ED). On the other hand I kept asking my manager about my progress and chances of conversion. He assured me that I was an extraordinary intern and he kept assigning me work other than my project. I also interacted with other people in the organisation and received great feedback from them (upto MD level). Now coming to last week, I had a chat with my manager about the same, he informed me that the organisation has gone into a hiring freeze just 2 weeks back and thus I won't be getting converted to a FTE. Also this info is not public yet and a lot of the other interns have no idea what the situation is here. The people in my team have offered to help me out with opportunities outside the firm but there's nothing they can do inside for me. The most they can do is give me LORs but nothing more. I am a recent graduate with 2 years of experience as an intern at multiple startups and MNCs. Can the folks here help me out. Also is there anything I can do at the firm?

Just found out that I'm being laid off

Layoffs at Leadsquared?

Welcome to Indian Startups's Private Community

First, they had a layoff.
Some people in the leadership quit.
Middle management people are quitting.
They shut down majority of the dark stores.
They are pivoting their business.
They are out of runway.

Dunzo not in a great position

Business analyst

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?

Layoffs at pinelabs

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