Product Manager

I’m talking to recruiters who are reaching out for roles in Edtech(non tech), either they are under cutting the salary severely or say the salary is very high. Is this happening to anyone, YOE: 5, ...

I’m talking to recruiters who are reaching out for roles in Edtech(non tech), either they are under cutting the salary severely or say the salary is very high. Is this happening to anyone, YOE: 5, 17L. Disc- not complaining, just curious

People who have been laid off, how severely are you getting undercut from a new company

Software Engineer

People who have been laid off, how severely are you getting undercut from a new company- Grapevine

Welcome to News Discussion's Private Community

If you got a new offer, describe your new company, let's say matching the previous offer or more than previous salary by x%. Tell us role , location details etc.,

People who got laid off during the current scenario. What's going on?

Hiring for a bunch of roles for an early stage startup. Salaries of people who have been laid off is through the roof

2-3 years experience asking for 30-40l and while we chose not to judge the experience and spoke to a few of them, most of them are not even worth half of the pay. 

Many are jobless since last 2-3 months and none of them are willing to take a paycut of even 5-6L and are willing to stay jobless ( probably have a ton of savings )

Market correction is necessary.

Roles : PM, software engineers, generalists

What's wrong with salaries

If you are paid less, don’t extrapolate it on others. If they are willing to wait, let them. You should keep praying for “corrections”.

For some context: I have about 4.5 YoE & 3 years directly in product along with Master’s level qualification. Primarily have worked with early stage start ups and have experienced similar challenges in each so avoiding this segment and red flag companies (taking Glassdoor, ambition box reviews as the basis here)
But a few people/seniors are suggesting to consider any opportunity with any kind of company as the market is bad. 

So wanted some perspective on the risk of career gap on resume vs being stuck in a similar company and going through the same job search process maybe 6 months or a year down the line? What would be a better trade off? 

P.S: Currently I am able to focus on overall up skilling and whatever is needed to clear job interviews and have decent financial security & runway. 

Any advice/perspectives are appreciated. Thanks in advance.

Affected by layoffs but being picky about next role

Welcome to Office Gossip's Private Community

Ask me anything about Byjus

Engineering Manager

Are there folks on the vine who have experienced previous down cycles?
Financial crisis of 08-09 or the funding winter in 16-17?

What would you suggest someone who has been laid off on how to navigate career trajectories given the uncertainities ahead. Many folks would have planned their career paths but due to the change in situations all of this has gone for a toss. 

Should people settle for lower pays or lower designations? How does it impact the trajectory ahead

Other folks who have read about this or discussed this with others do pour in your thoughts

Guidance on navigating down cycles

Software Developer

I feel a lot of insecurity about what if I lost my job.
I work in Analytics & data science in a well known Indian Bank.
Overall WOE is 8 yrs with 6 yrs in Analytics

Tier 1 Engg+MBA.

I would say after MBA i lost my way and hence behind my peers in career growth. This is mostly due to unsatisfactory work in the beginning leading to switches based on emotions and impulse, not patience.

Though my current job is stable and its been about 2.5 years in this role, it’s a bit stressful and honestly I don’t like the constant firefighting mode that we are in. I constantly put in 10-11 hrs on a daily basis with occasional work on weekends. This includes almost 3 hrs of meetings everyday, where a lot of redundant work requests come in and almost everytime they have to be delivered in next 1-2 days. Quality of work is not so great.

I tried applying but not getting decent calls. Only startups and Indian cos with high turnover reply to my applications. They too aren’t ready to discuss a decent hike.

I am really insecure about what will happen if I quit / laid off. I have gone through layoffs earlier in my career and believe me it’s a terrible experience, eats up all your savings. 

I tI tried a few sidegigs to build passive income source such as building a YouTube channel on travel, or a travel advisory app but couldn’t move much. App didn’t happen and YT channel didn’t get off after few months of hard work.


I currently am very demotivated and feel that i have not been able to grow in my career. Salary posts on grapevine add a lot more to my demotivation.

Current CTC is 27.

Insecure about what if i lost my job

Data Analyst

I'm a Software Engineer (Golang Developer)  with 2+ YOE. my CTC is 10 LPA. 8L fixed + 2L performance bonus. am I being underpaid?  considering the current market situation, I'm afraid to make a switch. what if another organisation does a layoff? 

PS: I also want to know which companies hires go developers in Delhi NCR only.

am I being underpaid?

I am seeing a lot of layoff related posts everywhere from news articles to LinkedIn.. Is the Job market really that bad now? Or just the media is projecting that way? 

If it's really bad, which department you think is the most affected? How's layoffs specifically in India? Or is it layoffs in US but more hiring in India due to cost cutting? 

Are layoffs in technology/engineering dept as in for developers or some other departments? Your thoughts please..

Job Market right now in India?

It is really bad right now 
 1. Layoffs in many of the companies, irrespective of whether they're a startup or a big MnC. 
 2. Almost everyone I know of wants to switch, because of no/less appraisals from last 2 years 
 3. Bad work life balance - people thinks switching might help 
 4. Too much competition for any open position. Because of too much supply, companies are low-balling and people would accept the offer.  
  
 Recruiters ghosting is too common. Even if you've killed in your interviews and recruiters get someone who's ready to join on less pay, they'll simply ghost you.

Loosing respect for the companies which are laying off the freshers. I thing it is the worst thing which can happen in an industry. 

Ola and Amazon have fired freshers very recently.
Any other companies which had done this?

Freshers laid off

I got laid off in Jan. I was a senior product analyst at a well known startup.
YoE ~4
Pay was 18L + 2L variable + ESOP
After months of search I landed an offer at another smaller startup which raised Series B in sept-22
They are offering me 16+2 + ESOP after looking at my payslip and I have no other offer in hand citing economic conditions.
How do I go about it? I have 1 other interview going on and few with final round results pending, but uncertain if those will get offered.

Lowballing check

Business Analyst

Welcome to Business Roles's Private Community

So, I had this call from a head hunting firm in May 2023 for a Growth role in a startup(invested by MNC). That time, I was working and they took 33% as overall hike on my CTC. The interview didn’t get scheduled and I got laid off. They recently connected with me again mentioning that the role is open but they have quoted significantly less salary now(18%) overall hike on my previous CTC. 

Was just checking through the mail and I found out.
This time though the interview got scheduled. Am yet to give the interview.

Has the budget reduced for the role? Or is the 3rd party lowballing me?

Reduced salary than last connected.

Head Of Growth

Welcome to Indian Startups's Private Community

Have been interviewing for roles and the HRs are low balling like crazy even though they most definitely have the money, talking about non-startups listed companies as well. Makes me think if offer shopping or editing a current offer with a higher number and then shopping is the only way to go

HRs low balling?

Founder’s Office

Hi folks,
I got laid off in Sept. since then looking for a Job. 
market is so scary. 
Few questions:
1. a lot of companies are hiring through crewscale, etc. they are offering low salary as per the role. are companies paying low salary to them or they are taking a big cut? do people treat them differently once they join a company via crewscale?

2. I am not able to get my resume shortlist for mncs. 

what to do now? recently my friend got a call from razorpay gehy were offering for sde role 15 lakh for 2 years experienced. they were paying 22 lakh for sde 1 last year. the role is not product engg or solution ennggg that they recently introduced for low salary. it was sde role.

fat rhi h ab. kya kru??????
my exp: 2.5 backend

I am scared now.

Did Byjus layoff happened in Tech Teams ??

Welcome to Software Engineers's Private Community

Everyone is informed today about 80% tmrw morning. Joined week back. Please refer if possible.

I can vouch for quality of my work. Looking for SDE/SE role. I can share further details.

Simpl Layoffs

Welcome to Product Managers's Private Community

I was recently asked to resign/layoff along with 40% of the engg and product function at the org with 1 month pay.
I have 1 yr in Fintech Product M and 3 years in Travel tech.

How the hiring situation like right now? Anyone currently looking please share.
Referrals appreciated.

laid off, how’s the market?

Hi guys, just got layedoff day before yesterday. I had joined Increff on 5 June and was layedoff after 2 months due to cost cutting. They had overhired people hoping for growth but their clients left and had runway of 5-6 months. Can you guys help me out here in finding a new job. I was working as an SDE backend. Just graduated from college l, basically a fresher. 🥲

Recently got layedoff

Hey guys
Got Piped and laid off by my toxic manager giving bullshit reason. The manager was giving random excuses when i asked in details. Anyways toxic people will do toxic things only. On the top of that phonepe was giving PIP to reduce experienced people and was hiring junior engineers to reduce costs.

Finally got a job after few months of efforts. Not that great but I am feeling great to get out of that toxicity. I am feeling better since I left phonepe. When I call my friends back at phonepe, I see them casually mentioning there is too much work I will do on weekend, will sit at night. That's how overworking in normalized. I was also doing the same before and didn't think twice how much I am working.

I Will keep on preparing and would not leave my future in hands of my future or any manager from now on.

Got Laid off. Got a job. Fu** off Phonepe

Though it’s great you got rid-off toxic manager, I would suggest you to reflect back if there were any short comings on your side. If not, it can become a chapter for you to identify toxicity early. If yes, learn from mistake and never to repeat it again. Sometimes, we miss the opportunity to learn from experiences.

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