I have heard that a lot of SDE 3/4s are let go.

Software Engineer

Makes sense also, cost optimisation usually starts from the top of the salary bracket.

Corporate Strategist

My friend got laid-off from swiggy yesterday. He was one of the high performers but had a higher TC for his band.

Software Developer

Anyone here knows how big the impact here is? Looks like high paid and those with large amount of ESOPs are singled out...

Lot of buzz on eng/tech layoffs at Swiggy

Product Marketing Manager

Lot of buzz on eng/tech layoffs at Swiggy- Grapevine

What’s happening at Swiggy?
Which teams are being laid off and how is the process being handled?

Hope not the way Sharechat did.

Swiggy Layoffs

Product Manager

Swiggy

It had let go of 380 employees in January 2023 and even shut its meat marketplace in a bid to lower costs. 

IPO-bound Swiggy to slash 400 jobs in second round of layoffs

Founder

Any chance of layoffs in swiggy in the technology department?

Welcome to Business Roles's Private Community

GV nerds kept fighting that tech jobs are secure and ireplaceable. 

2d back, i said to someone that u r safe until a senior intern(workex with low pkg) or AI can't replace u...saw that happening...swiggy replacing sdes 1-4 by ase from witch and senior interns.

🚀 If I would have been the CEO...I will charge a bit extra for swiggy one, raise few inr on platform fees and keep those employees safe. ( I got free swiggy one subscription from last 1y) 

Employees should be like family else why will anyone join them again? Put yourself in laid off employees with huge emis of home, car and may be Europe tour. They should provide therapy alongwith 3-6m severance also.

We have 100 people in TG group, can trend a hashtag like #DontJoinSwiggy at 9pm if all agree.

TG link - https://t.me/+GXhFavV_o78yMmE1

Swiggy Laid off ~7% Workforce

Senior Consultant

Welcome to Indian Startups's Private Community

Just like last year, this year too...
Somehow found out about it via news. There was chatter about it over the last couple of days, but didn't think it could just happen.

It's a long weekend now and not even sure when people will be informed :/

Layoffs happening at Swiggy - 400 of us

Please pray for me to get laid off. Want to get rid of this shit. At least will get some severance this way.

Welcome to Software Engineers's Private Community

Swiggy officially announced Tech layoffs today

Swiggy to slash 400 jobs in second round of layoffs in a year ahead of IPO

https://www.moneycontrol.com/news/technology/swiggy-to-slash-400-jobs-in-second-round-of-layoffs-12126061.html

Swiggy Layoffs?

Management Consultant

Welcome to Office Gossip's Private Community

Per insider info from leadership, more layoffs are incoming. Currently, Leadership is finalising verticals and functions to trim roles.

Swiggy Layoffs Round 2 incoming

Could somebody throw some light on Department wise breakup of tech layoffs ? 

Someone working in swiggy would broadly know the numbers but nobody has shared.

As in tech i believe there could be departments or BU as Data Science, Product, Analytics or add i missed anything here.

This would be of great help navigating the current market scenario as we have SDEs have been hit specifically across the org, even geographies. But we don't have much info on DS, Analytics, product folks

Swiggy layoffs details

Program Manager

Source: one of my Friends brother working there.

Swiggy !

Account Executive

Can we please share the companies which are laying off and kind of roles laid off?

1. Goldman Sachs -Consumer Banking 
2. Twitter -Marketing 
If you have any other companies also please post in comments

List of companies laying off employees in India

Product Owner

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

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

Swiggy lays off 380 in emergency townhall

There are multiple VPs and Directors leaving in parallel. Is this a mass exodus of senior leadership any indication of the state of the company?

Dale Vaz, Swiggy CTO has resigned

Welcome to News Discussion's Private Community

Approx 2000 Swiggy folks are going to be like “Paisa hi Paisa”. Anyone here who will be benefiting from this??

Swiggy’s 540 Cr of ESOP buy back ahead of IPO

I am seeing a lot of layoff related posts everywhere from news articles to LinkedIn.. Is the Job market really that bad now? Or just the media is projecting that way? 

If it's really bad, which department you think is the most affected? How's layoffs specifically in India? Or is it layoffs in US but more hiring in India due to cost cutting? 

Are layoffs in technology/engineering dept as in for developers or some other departments? Your thoughts please..

Job Market right now in India?

It is really bad right now 
 1. Layoffs in many of the companies, irrespective of whether they're a startup or a big MnC. 
 2. Almost everyone I know of wants to switch, because of no/less appraisals from last 2 years 
 3. Bad work life balance - people thinks switching might help 
 4. Too much competition for any open position. Because of too much supply, companies are low-balling and people would accept the offer.  
  
 Recruiters ghosting is too common. Even if you've killed in your interviews and recruiters get someone who's ready to join on less pay, they'll simply ghost you.

Nearly 8-10% of Workforce amid Cost Cutting

🚨 Swiggy Plans to Layoff 600 Employees

Business Analyst

PIP on the raise at Swiggy, saw couple of post with good fellas leaving. can someone confirm or deny this fact that PIP is used a weapon to downsize the teams in order to show profit for upcoming IPO next year?

swiggy continues to silently layoff

Lawyer

I (23 grad) working with a service based company, around 5 months exp, got an offer from Swiggy for a contract role. Is it worth joining Swiggy right now amidst all the recession and layoffs chaos?

Lot of buzz on eng/tech layoffs at Swiggy

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