Consultant

Product Manager

Thy laid off already whoever they could.  It's done

Software Developer

Heard some rumours that they are looking to downsize.

More Layoffs coming in Fincent?

More Layoffs coming in Fincent?- Grapevine

One of my batchmates got laid off . Wasn’t expecting this. I thought they were doing well

Layoffs at pinelabs

Product Designer

https://www.instagram.com/reel/DBL3lmbR8uk/?igsh=dHF6dDgzYW9wcXZ1

Layoffs restructuring 🤡

Source is someone from Cisco. Can anyone else validate or reject this leak/rumour?

Cisco to lay off 8-10k next week?

Investor

Heard there are layoffs happening in cashfree in sales product and I think tech also.

Bad scenes :(

Cashfree Payment Layoffs

Apparently a huge Goldman Sachs layoff is about to come soon. 

The company has taken a huge cost reduction target 

https://www.dailymail.co.uk/news/article-11581161/Goldman-Sachs-CEO-David-Solomon-warns-mass-layoffs-just-weeks-away.html

Layoffs may hit finance soon

Product Marketing Manager

Finastra (Company in BFSI/Fintech space, deals with PG solutions) is conducting silent layoffs.
Be careful before joining this company

Layoffs in Finastra

Welcome to Office Gossip's Private Community

Does anyone know something about how Dealshare is doing, the folk founders and culture there etc? Am interviewing there and would like to know more

Any thoughts on Dealshare?

Software Engineer

Heard from a friend that their team is seeing possible layoffs of 30-40% of people. Is this credible across smallcase or just their team?

More layoffs at smallcase?

Heard that massive layoffs are happening and they are exiting the market altogether?

Any intel on it

Any news on Goodworker

Welcome to Indian Startups's Private Community

Fi lays off 10% workforce

Any news about Meta layoff?

Analyst

Got a call from one acquaintance looking for opportunities outside Flipkart  informing me that downsizing discussions are going on amid hiring freeze which is ongoing since last 1 year.

Does anyone have more info on this?

Flipkart downsizing?

Supply Chain Manager

Boys and girls, Simpl is laying heavy this week. Stay tuned for my rant post in some days

Also Dm if you can refer for sde jobs, thanks

Simpl Layoffs

Bruh they were hiring last week. DM me for referrals at Angel One. (Fully remote for SDEs)

Heard that Paytm is planning to layoff 10% of entire work force. Across all levels.

Heard cases that folks who were hired at market premium less than 30 days ago are now being asked to leave the organisation. 

And the layoffs will be hidden under the guise of mid year appraisals. #PaytmKaro

Layoffs coming up at Paytm

Data Scientist

they laid off around 30-40% of their strength.

Layoffs in simpl.

Senior Product Designer

I have recently got laid off from one of the Fintech firms. They have been silently letting off people since last year but the no. Of employees let go have been higher in the past 2-3 months. They have downsized by more than 100 people in the last 8-10 months to avoid PR disaster. Not naming the company but just wanted to know if this is right way to do it both from employee and employer perspective.

Fintech firm laying off

Head Of Growth

Hearing another mass layoffs on the cards at a fintech startup that is into lending, insurance and mutual funds in Bengaluru, which had laid off about 20% in June last year !

Another Mass Layoff on the cards...

Systems Architect

"If you have to conduct layoffs, which is always a regrettable thing, there's kind of three things that are very important. One is to communicate well with your employees in order to help them understand why it is you're doing, and how. Second is to make sure that the employees who are part of the go forward, understand kind of what happened and are not like the ground doesn't keep moving. It's like, okay, we did that, we're moving forward, here we go. And then for the employees that you unfortunately have to let go, try to provide as much support for them as possible." ~ Reid Hoffman

Layoffs

Finance Operations

With big corporate giants like Google, Apple, Bain, Tesla, Amazon etc. laying off staff in the name of cost reduction, automation&innovation and restructuring while at the same time tech companies like Accenture not awarding any yearly hikes to professionals for 2 consecutive years now, where do you see the IT/Tech/Consulting industry heading towards in next couple years down the line? By when is the market expected to revive? Which companies are still committed to ensuring job security along with high pay standards or is that a thing of the past? Please enlighten me😊

More Layoffs coming in Fincent?

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