Last FY GMV: $2.6B ~ ₹2,13,45,02,50,000.00 
 AOV: ₹300 
 Orders per day: 20,00,000 
 Platform fee (PF): Rs.2 
 Revenue from PF per day: ₹40,00,000 
 Revenue from PF per year: ₹146,00,00,000 
  
  
 AWS bill/month: ₹3,00,00,000 
 AWS bill/yr: ₹3,00,00,000 * 365 = ₹36,00,00,000 
  
 Tech employees: 200 
 Avg. salary/tech employee/yr: ₹20,00,000 
 Total salary burn: ₹20,00,000 * 200 = ₹40,00,00,000 
  
 Total tech salary + AWS per yr = ₹76,00,00,000 
 Slippage in AWS bills (horrible devops culture): ₹5,00,00,000 
 Slippage in Tech salary (horrible HR culture): ₹5,00,00,000 
 Total slippage: ₹10,00,00,000 
  
 Total w/ slippage: ₹86,00,00,000 (~59% of Revenue from PF per yr)

Technology department is a profit center of the company.  
  
 I know these data because I used to work there.

Founder

kal ko ek aur section introduce hoga 

AWS charges :- This helps us to run our servers

Software Engineer

Delivery Partner

And what’s next or the breakup? Aws fee? Laptop fee? Debugging fee?

Welcome to Software Engineers's Private Community

What percentage of this 2Rs being paid to Swiggy engineers/designers/pms?

UX/UI Designer

What percentage of this 2Rs being paid to Swiggy engineers/designers/pms?- Grapevine

I am seeing a lot of layoff related posts everywhere from news articles to LinkedIn.. Is the Job market really that bad now? Or just the media is projecting that way? 

If it's really bad, which department you think is the most affected? How's layoffs specifically in India? Or is it layoffs in US but more hiring in India due to cost cutting? 

Are layoffs in technology/engineering dept as in for developers or some other departments? Your thoughts please..

Job Market right now in India?

It is really bad right now 
 1. Layoffs in many of the companies, irrespective of whether they're a startup or a big MnC. 
 2. Almost everyone I know of wants to switch, because of no/less appraisals from last 2 years 
 3. Bad work life balance - people thinks switching might help 
 4. Too much competition for any open position. Because of too much supply, companies are low-balling and people would accept the offer.  
  
 Recruiters ghosting is too common. Even if you've killed in your interviews and recruiters get someone who's ready to join on less pay, they'll simply ghost you.

Software Developer

What are the numbers we are getting this time? This is my first cycle, review isn't done yet. Want to know how much to expect.

Swiggy performance review

The company did around 10-15% silent layoffs in the last cycle by putting people in PIP. 
My Manager told me that he has pressure on him to put at least 1 or 2 people in PIP, make them leave the company and reduce costs.

Later, the company did as low an appraisal as 2%.

Senior folks are leaving specifically Frontend Developers.

Salaries of a lot of SDE-2 are below 30 LPA.

They have started new positions called Product Developers which will do the same work as SDEs but with a lesser package. PD-1 salary is around 10-12 lakhs and of Lead PD is 20-22 lakhs.

The company is putting itself in a position where it wants people to leave on their own.

There are almost zero perks in the company. 
The team outing budget is a joke which is 2k INR per person per year. That is 500 rupees per person per quarter. 

Also making office mandatory from November.

Razorpay is too smart!

Good thing. Anyways their frontend devs and PMs were doing everything on Twitter except tech.

Which companies really pay well to their designers in India?

Product based companies for designers.

Product Designer

Swiggy officially announced Tech layoffs today

Swiggy is slowly becoming unusable. They have already increased minimum amount in Instamart for free delivery from 99 to 149 to 199 now. This is really becoming a problem. Is there any other alternative to this? They are slowly showing their true colours now that they are aiming profitability.

Swiggy FEE Mafia

Yeah. But that's the price you'll have to pay for convenience. They were always gonna start making money one day

Consultant

Sales

I am currently working at a startup for 1.5 years now and wants to switch. If swiggy has an opening , is it a good place to work at ? Also how’s the pay there ? But good work culture is more important for me.

How is work culture at swiggy ? And how is the learning opportunities for a software developer ?

Welcome to Indian Startups's Private Community

I (23 grad) working with a service based company, around 5 months exp, got an offer from Swiggy for a contract role. Is it worth joining Swiggy right now amidst all the recession and layoffs chaos?

Is Swiggy worth joining?

I’ve heard cred and zeta pay well. Lets make a list here. 

Ps: I’m helping my cousin with a switch and doing little bit of research on this

Companies which pay designers well?

Hi people...

Would anyone know how much is the variable payout in companies like Swiggy or Zomato and is it a good option to take offer of 10% variable on total offer made specifically if moving to more expensive city like from Delhi to Bombay

Any valid info is appreciated!

Variable payout?

Growth Manager

Why is the Swiggy platform fee variable?

Product Manager

Any chance of layoffs in swiggy in the technology department?

If this is true, what role is paying this much at Swiggy?

Is this salary bs?

Frontend Engineer

Welcome to Office Gossip's Private Community

Share some jobs or function names which are highly overvalued and overpayed?

Mine. I am a DevOps engineer at a fintech startup, I write server configurations for 45L/y and I work about 10 - 20 hours a week, remotely. I keep thinking they’ve figured out how easy my job is and decided to fire me and then instead they tell me I’m doing a great job and promote me 🤌🏻

Business Development Manager

I'm a UX designer in an MNC with almost 2 years of experience. I want to work on a mid size / small design team with strong design practices. Does anyone have recommendations for companies I can consider?

I am looking for places where design contributes to product decisions, strategy, rather than simply executing the PRDs.

Companies with a strong design team?

Welcome to Business Roles's Private Community

What percentage of this 2Rs being paid to Swiggy engineers/designers/pms?

Discover More

Layoffs on

by Blair Taye

Startup

Job Market right now in India?

Software Engineers on

by Anise Carmden

Swiggy

Swiggy performance review

Software Engineers on

by Anise Denver

Razorpay

Razorpay is too smart!

Designers on

by Kendall Everett

Zoho

Product based companies for designers.

Software Engineers on

by Dezi Carmden

Swiggy

Swiggy officially announced Tech layoffs today

Bangalore on

by Aaron Gabriel

MongoDB

Swiggy FEE Mafia

Software Engineers on

by Kendall Taye

IT World

How is work culture at swiggy ? And how is the learning opportunities for a software developer ?

Indian Startups on

by Karilyn Denver

Good company

Is Swiggy worth joining?

Designers on

by Kalan Carmden

Swiggy

Companies which pay designers well?

Indian Startups on

by Kendall Everett

Amazon

Variable payout?

Misc on

by Kendall Hyrum

Nike

Why is the Swiggy platform fee variable?

Layoffs on

by Matilda Gabriel

Stealth

Any chance of layoffs in swiggy in the technology department?

Software Engineers on

by Aaron Carmden

Stealth

Is this salary bs?

Office Gossip on

by Jordon Lee

Swiggy

Share some jobs or function names which are highly overvalued and overpayed?

Designers on

by Blair Denver

Samsung

Companies with a strong design team?

Business Roles on

by Aaron Lee

Good company

Swiggy joining