Revenue growth is less than projections & has triggered another bunch of layoffs

More layoffs at HackerEarth

Marketing Manager

More layoffs at HackerEarth- Grapevine

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 Layoffs

Analyst

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

Second Round of Layoffs- HackerEarth

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.

Google layoff details

Software Engineer

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

🚨250 people laid off at Meesho

Investment Associate

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

Meesho started layoffs !!!!

Software Developer

One more round of layoffs at a Chennai based saas startup

Customer Success

Welcome to Indian Startups's Private Community

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

Byjus Results -7000-8000+ Crore Revenue and 8500 crore loss

Growth Manager

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

Layoffs at pinelabs

Product Designer

Bengaluru-based edtech startup Scaler has laid off around 150 employees, or around 10% of its workforce. Here is source

Scaler layoffs: As per the company, it currently has a workforce of around 1,500 employees.

Scaler lays off 150 employees to reduce redundancy in roles: Report

Tech Lead

https://www.theverge.com/2024/10/16/24272195/meta-layoffs-whatsapp-instagram-reality-labs

Another round of layoffs at Meta

Machine Learning Engineer

Welcome to Office Gossip's Private Community

Today evening Google’s VP of Recruiting had an all hands call with global recruiting team to tell them that there’s more layoffs happening in recruiting and people will find out about it through emails in next couple of hours.

Such a shitty time to be alive.

Google Layoffs - Recruiting

This is so sad, petition for Grapevine to start a jobs section to help people who get laid off

Product Manager

Program Manager

Spotify is late to the party, but they are letting go 17% which is huge compared to others in one go. 
be careful with similar type of industry. pocket fm, Kuku fm perhaps?

Spotify layoff - 17% workforce

17% is huge, especially this late in the doom cycle  
 It feels like Spotify must be losing market share heavily against Apple Music, YT Music, etc.  
  
 The bundling of different subscriptions always wins over just separate standalone subscriptions

Corporate Strategist

Lawyer

https://www.moneycontrol.com/news/business/announcements/tense-atmosphere-tough-questions-at-freshworks-all-hands-as-founder-girish-mathrubootham-shares-details-of-layoffs-10321001.html/amp

Freshworks 3rd Round of Layoff.. As per founder, worst is yet to come

Business Development Manager

Edtech layoffs still continuing?

Teams were asked to strictly work from home for today because of plumbing work going on in the office. Roughly 300 people were laid off in a townhall hosted by the founders.

Scaler lays off 20-25% of their workforce

How will they tell people that their courses will help get a job in a product company now?

Recruiter

GitHub laying off 80% of employees in India...any information on this?

GitHub laying off 80% of employees in India.

Welcome to Data Scientists's Private Community

this government wants to control everything: why are they so insecure ?

Need Govt approval to build AI based tech?

Senior Software Engineer

Some companies I heard of,
Airmeet
Inmobi
Simplilearn
Spotdraft

Which companies are laying off people now?

There are so many that are also doing silent layoffs right now

Consultant

Layoffs:

Global
- Stripe 14%
- Opendoor 18%
- Twitter 50%
- Delivery hero 
- Chime 12%

India
- Udaan (tranches)
- Chargebee 10%
- Byjus 5%

Hiring freeze:
- Apple
- Amazon

Mega Thread- All tech layoffs so far

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

More layoffs at HackerEarth

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🚨250 people laid off at Meesho

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Meesho started layoffs !!!!

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One more round of layoffs at a Chennai based saas startup

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Byjus Results -7000-8000+ Crore Revenue and 8500 crore loss

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Layoffs at pinelabs

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Scaler lays off 150 employees to reduce redundancy in roles: Report

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Another round of layoffs at Meta

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Spotify layoff - 17% workforce

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Freshworks 3rd Round of Layoff.. As per founder, worst is yet to come

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Scaler lays off 20-25% of their workforce

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Student

GitHub laying off 80% of employees in India.

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Need Govt approval to build AI based tech?

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Seed Stage Startup

Which companies are laying off people now?

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by Matilda Lee

InMobi

Mega Thread- All tech layoffs so far

Layoffs on

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Google

MS layoff