🚨 Swiggy Plans to Layoff 600 Employees

What’s happening at Swiggy? Which teams are being laid off and how is the process being handled? Hope not the way Sharechat did.

Just like last year, this year too... Somehow found out about it via news. There was chatter about it over the last couple of days, but didn't think it could just happen. It's a long weekend now and not even sure when people will be informed :/

1-on-1s getting scheduled by end of day, 3-month severance, just announced.

Also any insider info on the same?

Per insider info from leadership, more layoffs are incoming. Currently, Leadership is finalising verticals and functions to trim roles.

GV nerds kept fighting that tech jobs are secure and ireplaceable. 2d back, i said to someone that u r safe until a senior intern(workex with low pkg) or AI can't replace u...saw that happening...swiggy replacing sdes 1-4 by ase from witch and senior interns. 🚀 If I would have been the CEO...I will charge a bit extra for swiggy one, raise few inr on platform fees and keep those employees safe. ( I got free swiggy one subscription from last 1y) Employees should be like family else why will anyone join them again? Put yourself in laid off employees with huge emis of home, car and may be Europe tour. They should provide therapy alongwith 3-6m severance also. We have 100 people in TG group, can trend a hashtag like #DontJoinSwiggy at 9pm if all agree. TG link - https://t.me/+GXhFavV_o78yMmE1

Since there's many Swiggy employees here. I love Insanely Good. I've stopped ordering from BB / Instamart, Blinkit and my local shops. 1/ User Interface - just amazing 2/ Quality of Ingredients - the best amongst online retailers 3/ The no door bell delivery - a basic need now. BB guys don't go away till they count every last tomato at 7am. What I want to know / suggestions from my side 1/ Are you scaling up in Mumbai/ Delhi? Would love to hook my parents on to it. 2/ Is the business generally doing good? I've referred it to 3 people so far and they've all started using it. Hopefully this isn't just me in an odd power iser cohort 3/ Can it get bundled in the Swiggy Credit Card? I shop for all my groceries here, nothing better than the card extending benefits to me. 4/ What about Meat? If I can get good quality chicken, prawns, fish sourced locally it'd be amazing. Even just a tie up with lucious, I'll order it from your app. 5/ Looking forward to your inventory expanding - many minor gripes with items missing across sections.

Such a sad day for all of Swiggy folks out there. 💔 Swiggy’s private feed is full of layoff messages. More power to you guys, Swiggy doesn’t deserve you. You will do better wherever you go. ❤️ Please reach out to me in DM’s if you need any sort of help or referrals. Will try my best to help in any ways I can. Some of them worked their ass off for NYE and now this is how they have rewarded them. Everything looks like a script from last year. Same fu*king 5-10 min speech for the layoff announcement. Same severance, same method used for the layoff. Now the same consolation phase will start for the existing employees by the leadership. I hope I am wrong, but with the current ways of working, Swiggy is doomed to fail!