This came out of nowhere. Poor investments? Executive troubles? Both?

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.

The new policies introduced by CFO Subramaniam in last 6 months have dented company's revenue massively. His decisions will show results in long term, but in short term they are incurring losses. In the last investor meeting held with peak xv and softbank, this is the question investors were putting- 1. Why the personal distribution policy of educators was implemented without concrete plan in place? 2. Why growth declined in some of the most profit making businesses? 3. Why were educators being paid heavily without including S&M cost and Tech cost to their revenue? 4. Why suddenly there was a mass dropout of existing educators who were helping in driving revenue? Good or for Bad, investors feel that decisions lacked ownership and growth intent. Peak xv and softbank decided to replace CFO with their internal finance consultant, likely Jai Decosta. What is your take on the decision?

A lot of people at Unacademy have already resigned, and they are unable to hire replacements from the market( for who knows what reasons). Now as we all know people who are left in the organisation are going to have a tough time. Leaves not being approved, longer hours at work, mental harassment in the name of being available 24*7 is becoming a day to day thing. Now they are forcing people to take up sections of business one has never dealt with and are threatening to fire them if they are denying those roles. People who left the organisation in 2022 are the luckiest and well a bunch of well informed individuals who saw the end of this company before anyone else could have. What a time to be in edtech, indeed

It was a pretty tense situation at the office. Nearly all engineering managers were laid off, most of the SDE-2s who were not the core engineering team and a lot of SDE-1s who had just joined this year. Even the interns were let go today. Pretty scary scenario today. Just putting out an update. Apparently it was done to please the investors for the next series of funding. Can't say for sure though.

I am evaluating a couple of opportunities in strategy / growth roles at Fi and Jupiter. Any first hand feedback on these Neobanks will help me shape my decision. Feedback welcome in terms of work culture, money runway, business model, quality of people etc etc

Was just reading The Ken’s article they posted today around what went behind Bain’s recent layoffs - made me think a lot. More so because I rejected my offer from Bain in college to go join a startup. Bain is a titan in the consulting world, what made it stumble so hard in India? By now, all of us know Bain let go 15-20% of its workforce, a shocking move that reveals deep problems. What went wrong? 1/ Putting all eggs in one basket: Bain's excessive dependence on Tiger Global (60-70% of PE consulting revenue) proved catastrophic when Tiger faltered. When Tiger faltered, Bain was left scrambling. 2/ Overconfidence led to overhiring: The 2022 hiring spree, nearly doubling B-school intake, reveals a dangerous disconnect between market realities and internal optimism. Now, with less work, those hires became a burden. 3/ Reputation at Risk: Layoffs may solve immediate financial woes, but the long-term damage to Bain's employer brand could prove costly in an industry that thrives on top talent. 4/ Others learn from Bain's mistakes: While Bain stumbled, rival BCG played it safer and is now in a stronger position. 5/ Growth isn't everything: Bain's fall shows that in consulting, steady relationships and smart hiring matter more than just getting bigger. So thankful for not joining consulting post college 🙏🏼

No appraisals this year