Severance & Transition Cost

This reminds me of the office episode where 2 people were doing the job of one.

I have see many lists of places to work at. Let’s create a list of companies not to work at. Please post the company name and the experience of working their.

I am a manager with ~18 years of experience with my company in Bangalore, a wholly owned subsidiary of an American company, and I have heard that they will shortly be doing a closure of their India operations and laying off all the Indian employees. I wanted to get an idea of the market standard severance packages that are paid to manager level employees before going into negotiations with them? What is usually offered? And what am I legally entitled to? Any other advice is greatly appreciated!

seven months after taking charge !!

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?

Just got to know internally that Unacademy is planning another round of silent layoffs in October. No severance will be paid. Or any benefits.

What does it mean for employees if CRO of a listed company sold major chunk of their shares and is looking to exit? Should we start looking for new gigs?

In your experience, what are some early signs that help detect incoming layoffs at a startup? It could be company-wide, team specific or in a particular function only.

Third round of silent layoffs are happening at Yubi. The company is at cross roads with no real revenue being generated. Last year itself Ebidta turned negative. Cost cutting all benefits revoked. No hike given this year not even some percentage. 6 people thrown off without even a word directly asked to handover laptop. Whole organization is under confusion. Chaos and panic everywhere. What should I do now any ideas are welcome. Too much pressure that I literally not practising DSA, design as even work from office is being monitored. They even monitor timed we go out or go for restroom I guess. I dont know what to say....

From the last few days there were talks going on about layoffs in Morgan Stanley. Some 7% of the global staff will be handed over the pink slip in this week. Well... It started happening from today ... Few colleagues from my department were laid, and the reason being "company is trying to survive in the market, company is planning the road ahead by taking such bold steps". When this was announced, my anxiety shot up the next level and I couldn't wait for the meeting to finish. The past few years have not been great for the business worldwide due to which many companies are forced to take such steps. These companies just have been doing a hiring spree from the last 1-2 years that now they are regretting their decisions and letting off their employees. My question is - "If a company hires excessively during the bull market and is forced to lay off few of the employees during the downturn, has the company made an error by not evaluating the headcount or it was just simply the need of the hour" Please note - I know many people out there who have faced job cuts due to many factors, sincerely requesting people to take this matter very seriously