Same with Microsoft for bottom performers

Consultant

What are some ways to identify layoff news with nonperformance. For example, companies like Amazon ask 10% non performers to go every year.

What are some ways to identify lay-off news with non-performance. For example, companies like Amazon ask 10% non performers to go every year.

Layoffs vs Non-Performance

Founder

Layoffs vs Non-Performance- Grapevine

There was some call around 9 AM today, some folks are laid off. Didn't know the % yet.

Meesho started layoffs !!!!

Software Developer

What are generally the metrics used during layoffs ?

Is it division by division or each employee is vetted for his performance and contributions ?

Do high salaried folks generally targeted even if they have good performance and history with company ?

With the overall bleak atmosphere in startup ecosystem and lack of transparency in this process from employers wanted to know how are decisions made. Most say it is performance based in news, how true is that ?

Layoff Parameters

Software Engineer

Welcome to Software Engineers's Private Community

Didn’t they go through a major layoff recently.

Staff Engineer

Last December there were planned layoffs at Cisco which was known to everyone in advance along with the dates and the percentage of people to be laid off. This seemed fair at the time.

Now they have laid off people on a random Monday with no prior information or any talks in the company about the same, managers just told that people who are affected have been informed and not to spread rumours, etc (all managers lingo).

Most people were in a higher position in Tech and PMs(as per what I have heard), but surprisingly the managers were not involved and no one knows the criteria of layoff(upper execs did the layoffs). The performance issue was not the cause(confirmed by the manager) then what is the criteria?

Does anyone here have any idea what these people see when they do the layoffs? Assuming the project is still on, and the person did not have any performance issues? I am curious.

FYI - I wasn't affected (luckily).

More layoffs at Cisco

Last year I remember in an interview flipkart promised they wouldn't conduct layoffs.

Flipkart now 😖

Analyst

What are the worst way you have saw which can be considered as Slient layoff techniques companies are using ?

Slient Layoff Techniques

Welcome to Indian Startups's Private Community

Just wanted to give some updates now that it has been 1 month since the last post

1) Senior Leadership from Tech (3) , a senior director from Product , Finance Head have all resigned. Strategy team has been dissolved. 
2) There are more people in the pipeline and will get more clarity by month end.
3) Everyone over the CTC of 60 lakh has been asked about the revenue that they bring in and based on that, their position is being reconsidered.
4) All contract workers have been terminated. Interns have been told that they won't be receiving PPOs.
5) Senior Management Has been asked to take 20% paycuts. 
6) Even at Junior level, people have been asked to take pay cuts or resign.
7) Lots of tools used in tech are being removed and AWS subscription has also been revised.


Meanwhile HRs have been celebrating on slack channels that Yubi has been ranked in Top 25 companies for career development :/

Rampant Negativity at Yubi Part 2

Growth Manager

Welcome to Data Scientists's Private Community

I am an ML engineer working in a startup.

My current situation is horrible,I am constantly stressed about getting laid-off(My performance is good,I got promoted a month ago). I came to know that my company will probably lay people off this month,since they are unable to meet targets.

Now,I got rejected in four interviews.
There is a lot to learn and revise.
Stats and probability.
Machine learning algos.
Deep learning architectures(got rejected because I was unable to explain the architecture of a complex model in detail).
DSA(got rejected twice in this round).
SQL (got rejected once since I was unable to solve the SQL problem).
ML ops(some recruiters ask this as well).

With the added pressure of getting laid off,my whole life is turned upside down.I am unable to focus.
Every meeting or discussion I attend I feel like people are evaluating me.( This was not the case before).
I don't know what to do.
It would really help,if you guys share your interview experiences below.

Rant

Machine Learning Engineer

most of loud layoff are recorded here. trend seems to be going down.

Here you’ll find a complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2023.

A comprehensive list of 2023 tech layoffs | TechCrunch

layoff stats

Lawyer

List of companies doing silent layoffs using PIP and Cultural fit issues.

Myntra
Flipkart
Meesho
Cars24
Smallcase

List of companies doing silent layoffs

The job market has not been good for the last 12-15 months, but organisations around are offering good severance to their employees and aiding them for their next steps. But UC conducts "performance reviews" twice a year, which is basically a platform for managers to wage a personal vendetta against the "low performers"(read: people who don't suck up to them). And hence, they strategically 'ask people to leave', in return of making sure that terms like 'fired', 'laid off' would not be associated with them. So, people put in their papers, and serve the one month notice without working, and get that salary as their 'severance'. 

Leadership team goes on to boast the fact that there hasn't been any layoffs in the company. Well, fair, because one needs to own the fact that they've laid people off, and funnily enough one of the UC values is 'ownership', and managers do OWN the indifference to the sudden absence of a certain team member from meetings. 

Apparently, people perform fine till the time these half yearly reviews are conducted, because there isn't any concern about their performances in the regular one-on-ones with the managers, but cometh the review, cometh the concerns with performance. Managers nit pick over employees not responding within 15 minutes to their messages. Also, there isn't a 360° view of performance, so your peers, who work much closer to you don't have a say in your performance.

UC brags a 'meritocratic' culture, and rightly so, where ones merit is their ability to show their work as 10x of what it actually is, appearing to be busy with a completely packed calendar, and always saying yes to whatever manager says, even if it means bending over backwards for them. 

<Continued in comments>

Urban Company - A spineless org with hypocrite leadership & incompetent middle management

Feedback letter from employee to Founders, CEO & CTO

Heartwarming message from ex-Byjus employee to founders.

For details just reply to this email. I will email an excel sheet of all of your failures 
 😂Lmao, that was🔥

Product Manager

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

Layoffs indicator?

Expedia is set to layoff 1500 employees. Everybody is just laying off people giving any bullshit reason

https://officepulse.live/expedia-trims-workforce-in-restructuring-push

https://economictimes.indiatimes.com/tech/technology/expedia-to-cut-about-1500-jobs-globally-amid-moderating-travel-demand/articleshow/108026228.cms

Expedia layoff

Hats off to that grapevine Samaritan who mentioned to hold whatever job you have as things will only get worse this year.

Recruiter

Software Architect

As of now 10 members laid off in consumer banking division in Hyderabad.

Layoffs Started in Goldman Sachs

Hearing of silent layoffs at Make my Trip, Flipkart and so many other companies. What are some of the ways in which these tech cos are silently firing people so they can avoid a bad headline?

Silent layoffs

Some companies I heard of,
Airmeet
Inmobi
Simplilearn
Spotdraft

Which companies are laying off people now?

There are so many that are also doing silent layoffs right now

Employees who are top performers are laid off. 
Employees who are in a firm for a long time are laid off. 
Employees who are freshers are laid off. 
Employees from IIMs/IITs are laid off. 
Employees who work just to get the job done are laid off. 
Seniors are laid off. 
Juniors are laid off
Hard working employees who get good ratings and give extra hours are laid off. 
Bad peforming ones are obviously laid off. 

Is there anyone who is safe. It's just at the mercy of few decision makers at the top and no matter what you do you will never be safe. 

Now I understand why parents say that government job is better.

Is there a pattern in layoffs

Business Analyst

https://www.indiatoday.in/technology/news/story/amazon-is-asking-managers-to-give-low-performance-ratings-to-employees-here-is-why-2488605-2024-01-14

Layoffs vs Non-Performance

Discover More

Bangalore on

by Aaron Olive

Stealth

Meesho started layoffs !!!!

Layoffs on

by Kendall Carmden

Swiggy

Layoff Parameters

Software Engineers on

by Jordon Lee

Uber

Didn’t they go through a major layoff recently.

Layoffs on

by Karilyn Lee

Cisco

More layoffs at Cisco

Layoffs on

by Jordon Lee

Early Stage Startup

Flipkart now 😖

Layoffs on

by Aaron Vernon

Gojek

Slient Layoff Techniques

Indian Startups on

by Aaron Lee

Stealth

Rampant Negativity at Yubi Part 2

Data Scientists on

by Jordon Olive

Quantiphi

Rant

Layoffs on

by Karilyn Carmden

Stealth

layoff stats

Layoffs on

by Karilyn Lee

Myntra

List of companies doing silent layoffs

Indian Startups on

by Kalan Lee

Urban Company

Urban Company - A spineless org with hypocrite leadership & incompetent middle management

Indian Startups on

by Isaiah Carmden

Walmart

Heartwarming message from ex-Byjus employee to founders.

Layoffs on

by Blair Lee

Quantiphi

Intuit Layoffs

Memes on

by Aaron Taye

Vercel

Layoffs indicator?

Layoffs on

by Jordon Denver

Tesco

Expedia layoff

Layoffs on

by Karilyn Vernon

Goldman Sachs

Layoffs Started in Goldman Sachs

Layoffs on

by Kendall Lee

Student

Silent layoffs

Indian Startups on

by Karilyn Lee

Seed Stage Startup

Which companies are laying off people now?

Layoffs on

by Jordon Vernon

Stealth

Is there a pattern in layoffs

Bangalore on

by Karilyn Hyrum