Tata nexarc layoff

The world economy as we know is stabilizing but its just the US economy that is stabilizing there is a real cash crunch happening at most startups and its effect have started from the last week One of the companies in which my friend is working Spyne.ai layed off closed to 20-30 folks across various departments tech, marketing, sales , product, hr and ai their total workforce is around 80 employees Insider news also states they even fired their chief of product, and its becoming tough to sustain, they even gave esops to employees on a valuation they havent achieved yet during appraisal season It was a forced resignation, 2 3 folks were even said leave we wont be giving you any severance. Yesterday even recieved news off layoffs inside TCS(US), myntra and navi Even hearing news from zs and paytm that they might start a fresh round of layoffs

List of companies doing silent layoffs using PIP and Cultural fit issues. Myntra Flipkart Meesho Cars24 Smallcase

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.

Please answer as I have got offer from Tata 1mg should I switch or not??

Folks, Have you heard of senior layoffs since Apr’24 in TCS, Infy, Cogni or Capgemini?

After they didn't see the required resignations from 5 day office, now TCS is asking employees to transfer to locations with just 2 week notice. https://x.com/chandrarsrikant/status/1724764510689587441?s=20 https://www.moneycontrol.com/news/business/after-five-day-work-from-office-tcs-sudden-transfer-notices-outrage-employees-11749621.html

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.

Which Organisation never laid off any employee in entire history/inception in India?