Mahindra is a big fraud company giving dividend to share holders but cutting on variable pay of employees

Average of below stocks can beat FD. Any other recommendations except below (PFA) ?

The most cringe Q&A i have ever seen! Top tier investors and founders asking such dumb non relevant questions. We can defend as much as we want, but we Indians do have an inferiority complex when we interact with foreigners - in the end he called you hopeless, right?

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 :/

Asking for a friend 😶‍🌫️

50% layoff at a Bangalore based health tech startup. Founder had no shame or guilt. Has raised funding recently but chose to fire people again. This is the third layoff in the last 1.5 years. Terrible management, declined variable pay. Severance is to paid in the next 4 months. Just trying to pivot the company into ‘AI’ without any plan whatsoever.

following events occurred before and after layoff: (Layoff was planned long before just that GST gave a good excuse) 1. Two months back on call to employees they announced no need to worry we have good run way and we are doing good. They said all are safe. 2. A month back call happened again for GST calls 3. GST arrived 4. A call got scheduled informing mass layoff 5. Layoff happened, two types of people got affected, firstly who were not needed got laid off because they were being paid more than for what they contribute. Secondly, politics happened and people who are paid reasonably and even people who are getting less salaries and are hard working also got laid off 6. After a. successful execution of Layoff, since no body pin pointed about why such big cut just after the announcement, again a call got scheduled. 7. Hikes were announced for all and again the same promises what they did before layoff to all. 8. Party happened and good sleep because they achieved a great milestone. 9. next we will get to know after the long weekend. I am personally in pain seeing such good folks parting ways. Its called backstabbing. I know few folks very personally and they are cream but bad at politics and sycophancy. I hope god put them all in better place. Severance pay and laptop is not as helpful as a job at this point of time. The market is not good, MPL should have supported folks who were loyal to them.

Dunzo laying of 20% or 200 employee (approx) majority in tech and product. Is this end of dunzo?

Like food (free or not), insurance and other stuff