SilverDamage
SilverDamage
IT World

Another Mass Layoff on the cards...

Hearing another mass layoffs on the cards at a fintech startup that is into lending, insurance and mutual funds in Bengaluru, which had laid off about 20% in June last year !

10mo ago
balle_balle
balle_balle
Stealth10mo

Navi?

Piderman
Piderman
Booking Holdings10mo

Yes it was on the cards when I was there.... They were planning to do it in the dec cycle. "Winter is coming" was a common thing to hear on lunch breaks 😔

LayMan
LayMan
Stealth10mo

Lending is going downhill across the board. Just reflective of the where the rates are. Any and every business that calls lending a major business line, will lay off.

Itachi777
Itachi777
Stealth10mo

Why is this happening to digital lending?

Itachi777
Itachi777
Stealth10mo

I heard Navi work environ. Is like a political party. Too much backstabbing and bootlicking

MightyLazyGeekStar
MightyLazyGeekStar
Stealth10mo

Don’t think anything is improving till June or even end of the year

GoldenHandcuff
GoldenHandcuff
Amazon10mo

Navi = N.eglecting A.countability, V.eering into I.nequity -
a toxic workplace scenario where office politics overshadow merit, fostering an unhealthy environment detrimental to employee well-being and overall productivity.

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