More layoffs at HackerEarth

HR-Tech platform recently laid off 10% of their workforce and also announced pay cuts for the employees. Funny how they boast about not having to layoff employees in media.

HackerEarth announced second round of layoffs today in the townhall. More details to follow soon

Declared for the states: We’ll pay employees during the full notification period (minimum 60 days). We’ll also offer a severance package starting at 16 weeks salary plus two weeks for every additional year at Google, and accelerate at least 16 weeks of GSU vesting. We’ll pay 2022 bonuses and remaining vacation time. We’ll be offering 6 months of healthcare, job placement services, and immigration support for those affected. Outside the US, we’ll support employees in line with local practices.

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

There was some call around 9 AM today, some folks are laid off. Didn't know the % yet.

10% of employees were let go

Byjus Financial FY 22 Results will come out next week and internal news is that Byjus have done around USD 1 Billion revenue and same loss . One more round of layoffs happening soon with so many VPS being shown the door

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

Microsoft layoffs around 1,000 employees, affecting departments including the mixed reality team working on HoloLens 2. Google did 100 in GCP, more will come soon. #layoffs