Why Your CEO Should Be Like Cognizant's CEO

50% layoff at a Bangalore based health tech startup. Founder had no shame or guilt. Has raised funding recently but chose to fire people again. This is the third layoff in the last 1.5 years. Terrible management, declined variable pay. Severance is to paid in the next 4 months. Just trying to pivot the company into ‘AI’ without any plan whatsoever.

Link: https://inc42.com/buzz/unacademy-fires-another-250-employees-to-turn-profitable/

Personally- I feel they are very averse to change and are promoters of politics within teams. Pls comment on your thoughts

Employee after 18 years of service finally resigned

1. Most lowest, low to Mid ratings (identified by your manager) 2. High TC — if you are in the same level for a long time (> 3 years) and your TC is reaching the top of that band. 3. High initial stock grant (possible by great offer negotiation skills) and you are approximately in the 2nd or 3rd year (when you got the most pay) 4. those who get retention offer in the past and your TC is L + 1 but not performing at L+1. Time to cut the cost. 5. Coasters: if your manager carefully Evalates your criticality and concluded you are easily replaceable 6. People who consistently complaining their teams are too busy too much pressure too bad WLB are in danger too. How to minimize your chance of being laid off 1. Tell your manager you don’t need any tc increase，or tc is not your career goal 2 tell your manager you are willing to work hard and have no complaints. If you took 2 ppl work, no one will choose to let you go!

It's disheartening to hear about the negative aspects of Accenture's office culture, especially the lack of increments and concerns about the CEO's extravagant expenditures like buying an island for vacations. Such actions can breed resentment among employees who may feel undervalued and overlooked. It's essential for company leadership to prioritize fair compensation and address concerns about office culture to maintain employee morale and satisfaction.