Navi : Check for revised HR policy & Appraisal methods

Navi Technology founded by Sachin Bansal is doing mass layoffs which started on Tuesday (11 July)

Happened last week. Navi does this half-yearly if not quarterly. Supposed to be performance based but systems and checks are not in place to assure the process is unbiased. Myntra - not an organisation which does layoffs much. Please shed some light.

I was talking to one of the Navi recruiters and she became uninterested once I told her I was recently impacted by the layoff and can join within a few weeks. I mean it's funny how they don't want to interview immediate joiners who are impacted by the restructuring. I'm surprised as other company recruiter eyes lit up knowing I can join immediately but navi finds it disgusting.

🥹

Is it true that most people from senior position (including the likes of Bajaj veteran in credit risk ), business heads from different verticals have resigned?

I've been hearing some pretty bad things about Navi's work culture - esp. in the analytics teams. Apart from the 12-14 hour days, apparently you're not even allowed to take leaves. If you want to go home for a few days, you're asked to apply for wfh for those days. If you want to wfh, you're asked to apply for a sick leave and then work nevertheless. Can someone from Navi or otherwise confirm this?