Software Engineer

Is your company is following "path of profibility" by choosing "leaner and meaner" way...

Welcome to Office Gossip's Private Community

Leaner and Meaner.....

Strategy & Operations

Leaner and Meaner.....- Grapevine

Welcome to Product Managers's Private Community

Im a Product Manager 1yoe in a SaaS startup.
I had a good experience in the first year. I got to build a product 0-1, competitor analysis, work on creating prioritization frameworks, UAT, content marketing, wireframing.

However, since January the compamy started their stabilization phase, and PM's are now taking care of Sales and lead generation(Content, Ads etc.). The nail in the coffin is we are getting dragged to follow up renewals( Customer Success) 🤢

Im currently motivated to building something new, and it feels like we are being dragged into everything as the company does not want to hire. With no pay hike or any adfitional benefit.

Please advice. Should I look for a new job?

Need advice

Product Manager

Welcome to News Discussion's Private Community

From the last few days there were talks going on about layoffs in Morgan Stanley. Some 7% of the global staff will be handed over the pink slip in this week. 
Well... It started happening from today ... Few colleagues from my department were laid, and the reason being "company is trying to survive in the market, company is planning the road ahead by taking such bold steps".
When this was announced, my anxiety shot up the next level and I couldn't wait for the meeting to finish.
The past few years have not been great for the business worldwide due to which many companies are forced to take such steps. These companies just have been doing a hiring spree from the last 1-2 years that now they are regretting their decisions and letting off their employees.
My question is - "If a company hires excessively during the bull market and is forced to lay off few of the employees during the downturn, has the company made an error by not evaluating the headcount or it was just simply the need of the hour" 
 
Please note - I know many people out there who have faced job cuts due to many factors, sincerely requesting people to take this matter very seriously

Layoffs - A complete mess made by the companies

Analyst

Is 10% appraisal good for top performers or is the company lowballing?

What is your appraisal % ?

To be very honest I feel very frustrated looking at the situation right now. Companies are laying off without worrying about the employees. It's just corporate profits everywhere.

I am scared to death that my career won't last long than 20 years because the moment these folks think you are becoming a financial burden on them, they'll lay you off.

I don't want to live my life in a constant war mode. The Indian education system has bruised my personality for a long time. I want to relax but looking at this battlefield I can never.

My weekends are spent worrying about planning for finances in case I get laid off. I am worried I won't be able to buy a house.

This shit is depressing me very much. Other folks please tell me how are you navigating this mess?

Soulless Corporations

Mandatory : keep on up skilling 
 Optional :  go outside India or move to operational roles(as it doesn't need creativity bone)  
  
 In your 30's you shouldn't explore stuff, stick with one domain(example : digital marketer) be the SME. In 40s you'll have 10+ years experience of a domain, and you're part of that domains evolution  
  
 No one wil have the know how you gained in 10 years

Program Manager

Welcome to Indian Startups's Private Community

Startups which were loosing hundreds of millions last year are now annocuing PAT and planning for IPOs. What has changed really or were they uselessly burning money

Sudden profits in all startups

These questions are common for lower ranks, where the number of hires is high.
But senior management have one position, is the competition as high?

Senior Mgmt Hiring: Do you also answer last CTC, why so much hike questions?

Consultant

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

Software Developer

1. Most lowest, low to Mid ratings (identified by your manager)

2. High TC — if you are in the same level for a long time (> 3 years) and your TC is reaching the top of that band.

3. High initial stock grant (possible by great offer negotiation skills) and you are approximately in the  2nd or 3rd year (when you got the most pay)

4. those who get retention offer in the past and your TC is L + 1 but not performing at L+1. Time to cut the cost.

5. Coasters: if your manager carefully Evalates your criticality and concluded you are easily replaceable

6. People who consistently complaining their teams are too busy too much pressure too bad WLB are in danger too.

How to minimize your chance of being laid off

1. Tell your manager you don’t need any tc increase，or tc is not your career goal

2 tell your manager you are willing to work hard and have no complaints. If you took 2 ppl work, no one will choose to let you go!

How to identify your Layoff probability

asked and got 37% increment. 0% chance of layoff. work only 6hrs a day. 
  
 have some self respect. I'd rather be laid off than do these shitty points. gross.

Engineering Manager

Welcome to Business Roles's Private Community

Whivh industry, domain, or company should one consider switching to if they want a stable role for the next 3-4 years?

MNC or Statup

Link: https://inc42.com/buzz/unacademy-fires-another-250-employees-to-turn-profitable/

Unacademy fires 250 employees to 'turn profitable'

Pathetic. How many times these so called another layoff?  
 This is pure scam. Such kind of CEOs and CTOs have no right to be at such higher places. These id*ots come to media and give lectures also. There should be some laws in place for layoffs. These People wake up and do layoff. Some get funding and then do layoff and some vice versa. Some fire and then again post about hiring next month shamelessly. It's like a fashion for the. Layoff is no more a last resort these days.  
 These kind of companies will surely go down the drain.  
 CEOs and higher management should be made to disclose their salary and perks so that junior employees should also know how much salary difference is there and is there really a need for cost cutting.  
 Of not, we should atleast stop respecting/ideologise such people. If possible stop using/promoting their products as well. Treat them the way they treat employees.

Operations Manager

Hi , this post is intended to be a disclaimer to anyone who is planning to join Yubi. A lot of things are happening here that show some signs of an impending layoff

1) Several senior folks in tech and product have quit. Also there is no replacement hiring planned for them. Several projects are also getting shelved as a result.

2) there were several open roles a few weeks back and almost all of them are on hold as of now across all depts( tech , business , ops)

3) rampant cost cutting. The lunch options have been reduced to just 1 dal , 1 veg , rice and chapati.  Snacks have been removed too.


Because of several folks quitting in less than 6 months and no replacement hiring , load has increased tremendously on existing members who are themselves trying to leave. 

People have serious doubts on whether any hike or bonus will be given or not this year.

Rampant negativity at Yubi

Growth Manager

Why do some startups lay off people even when they know that they'll be raising money soon via new funding?

Case in point: Dunzo

Are these employees given severance? Or is it just that Hi, Hello, Today is your last day, thank you, bye that you see most startups do?

What are your thoughts on this?

Funding and layoffs

What's the strange cost cutting measure done by your company?

Welcome to Software Engineers's Private Community

I have been getting a feeling that software engineers (SEs) have a sense of entitlement, believing they deserve a salary of 50-60 LPA with 2-3 years of experience and a 30-40% raise every year. As an SE myself, I believe this sense of entitlement leads to unrealistic expectations in the workplace and hampers actual output. Past nine months have been brutal, with mass layoffs and minimal or no increments. Due to this I have noticed people putting minimal effort into their work. I understand that getting no appraisal can be demotivating(trust me I do) but considering what we are paid for what we do is just insane(I am comparing with other industries).
With funding becoming scarce, many companies are no longer burning through cash. Most Indian companies will prioritize profitability to secure further funding rounds or pursue an IPO. Since engineering teams account for a significant portion of expenditures, everyone will be looking to cut costs by any means necessary.
What are your thoughts on this situation? Do you still give your 100% even if you didn't receive a raise but are being well compensated?"

Rant on entitlement of Software Engineers

Data engineer

Moengage is hosting a “flagship” event in their “home turf” and are asking employees not to come so they can save money on the number of plates served during lunch and the amount of beer bottles served. 

What’s the cheapest cost cutting measure your company has taken so far?

The irony is that Moengage called an investor to whitewash their financial condition in a recent town hall.

What’s the chindiest cost cutting measure your company has taken?

Why do Indian startups have many sheets being used for everything?

How much of this can be done on software. Any reason why more of this is not being done. Is this only India problem?

Why so many google sheets?

Founder’s Office

Is it okay to be average at work?
I feel I have always been very competitive in my life and it has always drained me out. When I got job I thought finally I am done with this rat race. But no, everyday I have to push so much in order to prove myself in my job which gets very overwhelming and disturbs my work life balance.
I want to ask people with experience is it okay to be an average employee?

Being average at job

1-on-1s getting scheduled by end of day, 3-month severance, just announced.

Swiggy lays off 380 in emergency townhall

Hola people! Today I am gonna tell what is happening in Swiggy since last couple of months. This is a everyday story in Swiggy’s private feed on this app. So thought to enlighten others as well. Sit back, grab a coffee and enjoy the rant of a frustrated employee.

For everyone’s understanding, work culture in Swiggy has gone for a toss. Employees are working day and night to meet the never ending and unexpected goals set by our leaders. All because of the next year planned IPO. Many talented folks have left the company and many are in the process. New CTO is trash and super aggressive. Empathy died a million times the moment he became the CTO.  The only goal which the company has now is to deliver FAST! Nothing else matters. This is for literally every org!  

Micromanagement has significantly increased and you are expected to provide update for every damn thing! Employee motivation level is literal 0 and no one gives a f**k about anything. Some people are put in PIP and there is no chance of coming back from there. Cost cutting is being done on whatever means possible to achieve profitability. 

Number of outages in the last few months have significantly increased and most of the employees are working in the weekends to complete their assigned tasks. People are just surviving and will leave the moment any opportunity knocks at the door. Its sad to see a company who was once known for its work culture is now struggling on almost every front. 💔

Leaner and Meaner.....

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