PhonePe and Swiggy made up forced PIPs
Indian unicorn companies these days are doing forced PIPs to remove folks who are a high salary as per last year or have conflicts and all. Employee benefits being reduced left right and center. Environment has become toxic. This is being done for IPO. Watch out guys.
Include Meesho as well. Many of my high paid SDE friends were put under pip/forced to leave
NeatFrame72
Stealth
9 months ago
So true....in product too
Sad to hear that. Looks indian unicorns promoting bad culture and wanna squeeze in everything in this market.
See more comments
new3ie
Stealth
9 months ago
I was part of the PIP at Swiggy. The way they treated me was pathetic. Forced me to put my papers.
Nobody knows who would be screwed but most vulnerable person in the team will be whether new hire or old. Managers tactic at its highest.
Have offers from phonepe and super money (flipkart) any suggestions which to join? Phonepe is paying way more if I consider their stocks (buybacks)
Have few friends in Swiggy (Strategy, Prog Mgr roles) - didn't hear any such stuff. Workload has increased, yes. But forced PIPs - not sure.
Maybe they are simply offloading sh#t on the devs and screwing them over. Sad stuff if that's the case
There is absolutely no scene of forced PIPs in phonepe. It is happening with dead weight employees who are not worth the salary they are paid. My flatmates are in phonepe and it’s true that few benefits have been reduced but 2 of them both in different teams have not seen any cases of forced PIPs. If your performance is not good, it isn’t a forced PIP.
Indusplateau
Stealth
9 months ago
Salaries will go down like crazy in 2024. The tech bubble is bursting
Discover More
Curated from across