Things going terrible at Gojek/GoTo

So much mess is going on in gojek, a lot of higher management is forced to left company. Seems like Andre is forced to left by investors. And now Shareholder is becoming the CEO, Official old statements by newly made CEO "Financials is not a exciting market for earnings" Usually when investors takeover they just care about profits and earnings (ways to exploit to earn maximum). Seems like future of GoTo is in clouds. Expecting a lot of restructuring, layoffs after patrick takeover.

Received at least 10+ emails of people exiting today. Most senior managers or leadership positions. Attrition is almost all time high. I got to know atleast 5 more are yet to quit. Something cooking?

Confirmed from credible source. Gojek Pune office is going to be shutdown in May or June. All people from Pune office will be layoff and no other option will be provided. So all Pune people , start looking out soon.

Heard they have mandated 5 days WFO and one of the investor has become CEO. Would there be another round of layoffs?

Today, all of a sudden, some folks got emails that they have been laid off. There is an uncertainty around the transparency of layoffs now. It was communicated org wide last March and November when then last 2 layoffs were conducted. This time, no-one seems to know how many people got impacted and who got impacted. Some people at head/lead/senior positions have started voluntary leaving as well. Not sure if they are being asked to leave or if they are leaving themselves. Hard to see these things happening in a company with an amazing work culture. :/

Heard from multiple people that with Patrick taking the position of CEO that there are rumors circulating about an upcoming reorg and cost-cutting measures, with a strong emphasis on achieving positive EBIDTA to satisfy investorss. Some redundant products within the GOTO is likely to be merged and some team shuffling to happen. It is uncertain how much of this information is accurate, and I can't imagine an impact this would have. Silent layoffs, numerous senior leaders leaving and many actively interviewing is just unsettling. Ideally, I would prefer to focus on my work and end the day peacefully, avoiding the stress of layoffs and excessive supervision. I hope that tomorrow's townhall meeting will not be awkward or gloomy.

I’ve heard some worrying rumours from Indo-based folks about possibility of layoffs in upcoming weeks/months. Does anybody know what’s going to happen or have an inside scoop?

My friend informed that silent layoffs are expected in Gojek today