Hey, I'm a reporter, trying to understand this better. Can we connect? My secure email ID is ssreporter@proton.me

If you could kindly drop an email, and we can take it forward

Journalist

Is this happening in a particular vertical (like sweet truth/faasos) or in a particular team(marketing/dev)? Have a couple of friends there so curious

Product Marketing Manager

Growth Manager

Once again in the name of talent density, there is a 10% layoff from the company and further 10% are going to PIP.  And this cycle will repeat in 6 month as stated in their mail.

Once again in the name of talent density, there is a 10% layoff from the company and further 10% are going to PIP. 
And this cycle will repeat in 6 month as stated in their mail.

Rebel Foods Layoff

Category Manager

Rebel Foods Layoff- Grapevine

I got to know from a outside ( friend of company director ) they are planning for another round layoff 
Does anyone have any idea on this ?

Sharechat layoff

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

Layoffs at pinelabs

Product Designer

Heard that Paytm is planning to layoff 10% of entire work force. Across all levels.

Heard cases that folks who were hired at market premium less than 30 days ago are now being asked to leave the organisation. 

And the layoffs will be hidden under the guise of mid year appraisals. #PaytmKaro

Layoffs coming up at Paytm

Data Scientist

Welcome to Software Engineers's Private Community

Week back there were posts by linkedin engineers that linkedin is hiring SDEs and anyone can as referral and today they laid off 700 people.

Like whats happening man!!! Is the company dumb or what?

LinkedIn Layoffs India

(1) Reduce cost of human capital -> (2) Post better EBITDA numbers in earnings calls -> (3) Get big bonuses and sell your equity if its value is rising -> (4) Hire a lot of people again so that you can repeat this cycle again to profit

Software Developer

Software Engineer

Welcome to Office Gossip's Private Community

Which company do you work in and what is the situation of secret layoff (suddenly team members slack/teams account getting deactivated) or PIP at your company?

Layoff!

Strategy & Operations

Rupeek has laid off some employees today. Not sure about %

Rupeek layoffs again

PIP on the raise at Swiggy, saw couple of post with good fellas leaving. can someone confirm or deny this fact that PIP is used a weapon to downsize the teams in order to show profit for upcoming IPO next year?

swiggy continues to silently layoff

Lawyer

Rebel foods Pvt Ltd (formerly faasos), which became unicorn has done layoffs in tech and product. ( We have no idea about kitchen staff layoffs) 
The number of people let go forms a considerable % of the total strength

Beware of joining such startups! They will surely name this as "performance" based removal, but what do you have to say for firing freshers you hired not even 6 months ago?

Rebel Foods Pvt Ltd, (formerly Faasos) has done layoffs

Welcome to Fintech India's Private Community

1. some people are pressured into resigning under the guise of poor performance, despite years of dedication.
2. sudden demand for employees to work from the office on specific days, hinting at wanting people to quit on their own.
3. layoff happening as reported by media (and internal group on grapevine), still unclear on how deep the cut will be can be from 20% or above; numbers are speculative, lets wait and watch, many have started getting the calls from HR; shabbily handled.
4. let's not talk about increments 🤡

🤞🏻 lets see what happens today and in the next few weeks; hope things become better

Here is what is happening at Paytm

Many companies laying off employees while they're hiring parallely, if you know any such companies please share there name....so we don't end up joining such confusing workplace......

Hiring and firing parallely

In Zomato and Blinkit they putting pressure on employees based out of Bangalore office to either relocate to Gurgaon office or creating situation where they end up resigning

Extremely sad. Labelling laid off folks as underperformers in public. Getting hired in this market would be a huge challenge for them now.

Intuit Layoffs

Analyst

As per internal company sources: This is big like 500+, lots of folks cut in platform teams, brand teams, marketing teams, business teams, product and tech. Wish everyone there all the best. This shall too pass!

Layoff at BYJUS as mentioned by articles

Hired lionel messi to promote brand and cuts employees to save costs.  
  
 What a fucking high IQ C suite the company has🤣 piece of shits, thats why never work for Indian companies. No morals

AI Engineer

Is Cuemath going to lay off again in upcoming months?
Reducing the workforce even further.

Cuemath Layoff

Test Engineer

Does anyone know something about how Dealshare is doing, the folk founders and culture there etc? Am interviewing there and would like to know more

Any thoughts on Dealshare?

Last year I remember in an interview flipkart promised they wouldn't conduct layoffs.

Flipkart now 😖

I used to work in a start up in Bangalore, they overhired in 2022 and overpaid the freshers, more than the experienced engineers were getting paid.
To fix this put 30% of workforce on pip, laid off 20% I was one of them. 2 months later, they did open layoffs, did it again in 2 months, and one of my friends there heard the founders cracking a laugh that even the investors wouldn't have expected us to do this so fast.

I joined another company, they lost the client I was hired for, and few more clients, I was told they will have to do layoffs and my name is in the list. So they asked me to resign and I refused by saying we'll consider a last working day, if I get an offer I'll resign otherwise anyway I'll have to be laid off and they agreed. This happened one month after I had joined this company ( also a startup ).


So, being laid off once was already a big enough punch of reality, with an education loan on my head.
I joined another company and got laid off again. Tough shit.


I ended up getting an offer before my lwd.
I am not from any IIT, I am not an exceptional engineer. I am very bad interviews, my resume usually doesn't get shortlisted.

Sheer volume of effort I put made the impact on me getting a job.
Right now I am the best job of my career, with a better management.


Trying to say, it's a tough time. But you'll get through it.

PIP then laid off, again laid off

Can relate op I got laid off twice last year. Got trauma because of that 💀. More power to you

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