img

Mass layoffs at Ashneer ‘s latest startup

Today mass layoff was done from Third Unicorn Devs, IT team, devops all were impacted Layoffs in such early phase startup came as a shock Could be due to new GST rules What do you guys think?

img

FunnyBones

Plivo

a year ago

Let me look for F to give
img

James_bond

Stealth

a year ago

Did you find any
img

FunnyBones

Plivo

a year ago

Ya found one but used it to F around. Yet to find out
img

coderwar

code brew

a year ago

I got laid off as well working as a nodejs dev. development team is half the size now. When i saw 28%gst rule, i was getting afraid that i might get laid off. Plus they arent able to generate much profit, too much billing. they are downgrading the servers as well. Also type of work is mostly hurry hurry based rather than improving the quality. Sure some optimizations have been done, but not so much. managment thought that nothing much is getting delivered but they didnt focus we were integrating new 3rd party api for live matches, doing optimizations, improving code quality. doing load testing, creating optimized apis, delay in integrating razorpay due to kyc issue. I have done approx 358 commits during my time here at so totally disagree with them. no, we were not enjoying. did they even see who is actually working and who’s not ? Lastly i just want to say that great product requires more time and effort with focus on quality.
img

Loner

Stealth

a year ago

Was laid off under similar situation some months back, hence I know how it feels. Just stay strong, and all the best for the job hunt
img

PrimeMean

M2P Fintech

a year ago

Yr itni jldi nikalna tha to contract pe hi rkh leta
img

James_bond

Stealth

a year ago

Lack of planning I suppose
img

Fan_Boi

Stealth

a year ago

Grover ji used to brag ki Swiggy main kaam kiya, wo unicorn ban gauli, phone pe ko Unicorn banaya, but Third Unicorn ko Unicorn nahi bana paye Grover ji. BMW's future sale impacted 😆
img

Barbaadeshwar

Stealth

a year ago

So out of the 50 he was capping. Who's left?
img

mohhmaya

Stealth

a year ago

He said in a recent statement that they are 5 people in core team and rest is all outsourced.
img

James_bond

Stealth

a year ago

There were around 40+ people including support staff… now only 10-12 are left
See more comments
img

ElonMast

Amazon

a year ago

This 28% is just a reason to blame, we all know how CrickPe fizzled during the last IPL. Product/Business isn’t competitive enough. Maybe, a quick dipstick test - anyone here used CrickPe?
img

coderwar

code brew

a year ago

I was a developer
img

Elon_Musk

X.com

a year ago

How many people were even there to begin with?
img

BearBear

Stealth

a year ago

50
img

Crashalot

Gojek

a year ago

Hahaha bahat bakwas karta tha ki layoffs kabhi nahi kiye maine aur na hi karunga.
img

encoder

OYO

a year ago

tabhi aajkal chup h es news ko twitter pr bhi aaana chahiye tha fir uska doglapan bahar aata
img

SceneUnseen

Stealth

a year ago

What do you mean new GST rules?
img

Cheese

Stealth

a year ago

28pc gst
img

CuteCleft79

Stealth

a year ago

Is this true?
img

mohhmaya

Stealth

a year ago

Govt is responsible for this.
img

potatomato

Fintech Startup

a year ago

I guess it's just a third-hand corn now
img

Altair21

Stealth

a year ago

what new GST rules? I haven't followed this
img

coderwar

code brew

a year ago

28% gst on prize pool
img

Altair21

Stealth

a year ago

ah on the gambling stuff
img

Start

SaaS

a year ago

Join us in Chandigarh!
img

coderwar

code brew

a year ago

Update: fired 3 devs only because they thought work was slow and we werent delievering. btw managment didnt know tvat we were intergrating new apis in crickpe. such transparency issues. didnt had 1-1 as well as they wont be able to face me as i have proofs pf how much work i have done. last month i had almost 200 commits on scoreboard! such a shame!
img

salt

Gojek

a year ago

This is so weirdly funny.
img

Indusplateau

Stealth

a year ago

Yeh sab dhogla pan hai..
img

LeftBracket1

B2B SaaS

a year ago

Fantasy is not that an easy nut to crack. No one can beat Dream 11 and definitely 28% gst had kicked ass of every real money gaming company.
Sign in to a Grapevine account for the full experience.

Discover More

Curated from across

img

Software Engineers on

by coderwar

code brew

Yesterday, layoffs at Third Unicorn happened, and this is ashneer said 6 months ago.

See the image below!!

img
img

Layoffs on

by coderwar

code brew

approx 15 people fired from Third Unicorn

heard the rumor today. crickpe not getting much users in world cup despite improvements like integrating entity sports which I did(now in another departement) damn.

img

Layoffs on

by vegsushi

Stealth

🚨250 people laid off at Meesho

Reason - the team wants to accelerate timeline to profitability To those affected really sorry this community is here for you!

img

Layoffs on

by SaveSCM

TCS

Accenture India Layoffs

Heard this morning from a friend who works at Accenture India, layoffs have begin once more. He said he is not sure if this is part of the 19000 that was announced during the earnings call.

img

Layoffs on

by o7

Unemployed

Another layoff at the most overvalued unicorn startup.

First round happened in March. 130-140 engg. Around 40 engg were fired. Then some silent layoffs happened in different teams like hr. Then Few good enggs left the company. This week another round happened with around 20-25 enggs

img

Indian Startups on

by Abce

Startup

Massive Layoffs at HealthTech Startup

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.

img

Layoffs on

by Holyshit

Stealth

One more round of layoffs at a Chennai based saas startup

10% of employees were let go

img

Layoffs on

by FunnyBones

Plivo

1K Kirana 40% layoff 600 ppl

https://www.moneycontrol.com/news/business/startup/info-edge-ventures-backed-1k-kirana-lays-off-40-workforce-to-restructure-business-10359421.html

img

Indian Startups on

by SalaryCredited

Stealth

Layoff at Dehaat?

Heard from folks that Dehaat (an agritech startup) has recently done layoffs in the tech department. Does anyone here have any idea what happened and why?