Ab coffee meh bhi layoffs. Mera sandwich kon banayega

Founder

Sales Manager

Over hire and fire! The new motto all around

Product Manager

I'm just curious on why the f**k a coffee shop who sells starbucks priced products hires 200 - 300 people and does layoffs ? Are these all tech employees or blue collar workers ?  
  
  
 Went once to an outlet where sandwich se le ke coffee tak sab above 150 hai !!!!!! I'm confusedd

Software Engineer

Apparently they fired 100+ folks even when there is enough runaway post recent funding.  Any more insider updates?

Welcome to Office Gossip's Private Community

Apparently they fired 100+ folks even when there is enough runaway post recent funding. 
Any more insider updates?

Third Wave Coffee layoffs?

Third Wave Coffee layoffs?- Grapevine

Heard this from a friend. People who were laid off how were you treated ? 
Would you recommend to go cause they started hiring again

Postman layoffs

Product Designer

Welcome to News Discussion's Private Community

Third Wave Coffee - Revenue and loss both up

Consultant

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?

Quoting from The Ken (which btw I would highly recommend).

How many of you think this is true for Bangalore and problems that we are facing now with this generation.

+++++++++++++

Between 2020 and 2022, investors pumped billions of dollars into startups whose founders and leaders offered up the mythical “hypergrowth” narrative. Those startups, in turn, pumped money to hire and grow a layer of mid-level and senior-level executives whose job was to deliver on that hypergrowth narrative.

And salaries went through the roof. Hikes of 50% and above were par for the course.

Cut to the present.

If overvalued startups are widely recognised as a problem, can overvalued employees escape the same fate?

A CEO of a prominent company estimates that “in product and tech, 20-30% are in this category”. 



- Extract taken from Ken

Unhireable category of employees, how true is this?

CEO will always say employees are paid too much 
  
 Who exactly is recognising overvalued startups as a problem? Most are still trying to run the grift and were only hampered by interest rates lowering their runway. You can see how many are opening AI startups that have nothing to do with AI whatsoever, not to mention the number of Crypto / Web3 companies in our country. 
  
 Executive pay has always been the problem, take a look at any graph showing the skyrocketing ratio of Executive:Employee salary ratio, and for terrible decision making and management as a trend.

Support Engineer

Program Manager

Layoffs are happening at Sharechat starting today.
Each division is being asked to join a call and they are being announced.
First call with product org - around 50 folks were impacted

Layoffs at Sharechat.

They moved to a new massive swanky Office 3 months ago. Team parities were happening even last week. And they do this in last week of the year spoiling the new year plans of hundreds of folks!

Channel Sales

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

Heard that massive layoffs are happening and they are exiting the market altogether?

Any intel on it

Any news on Goodworker

Welcome to Indian Startups's Private Community

First, how is a BNPL company surviving?
They are hiring.
How is the culture there? Anyone knows?

How is SIMPL ?

Has Zepto started laying off? few folks reached out to me for jobs!

Zepto Laying Off??

Business Development Manager

Boys and girls, Simpl is laying heavy this week. Stay tuned for my rant post in some days

Also Dm if you can refer for sde jobs, thanks

Simpl Layoffs

Bruh they were hiring last week. DM me for referrals at Angel One. (Fully remote for SDEs)

Third Wave Coffee layoffs?

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