What makes you think the company will not lay you off?
Amidst economic downturn & layoffs, for people that are still working in different job roles in companies, there should be some conviction that is holding you on making you think you’ll pull off this period unaffected. What’s that conviction all about? Comment.
Deadshot99
Stealth
a year ago
Our company said since they are growing in India market and want to grow team in India (because of cheap labour), they will not layoff but hire 150 employees by end of year.
They laid off employees in other countries not India
Till would say 5-10% worried
Any idea how much they are offering for sde 2 roles ?
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If you’re working in a POD which is directly brining revenue to the company, your chances are quite high that you will stay at the company. In the current scenario, for FinTech, if you’re in lending POD, no matter product, marketing or engineering, you will not be laid off, until and unless your particular features or work is not able to get ample growth in terms of revenue to the company.
Let’s say you are working on onboarding of users for new loan journey. The higher you convert those, less are your chances to get laid off since you’re directly impacting the revenue numbers by optimising the funnel.
This is just an example for FinTech startups. For EdTech, if you’re able to bring more revenue via NUA or renewals, or able to reduce churn thereby impacting revenue numbers, you will be staying in the company.
If you’re anyone who is working on experimental features, you are high likely to get laid off.
cheap labor, billable, high profit margin resource, good luck finding someone to do their crap for cheaper if they lay me off
ACN - service based/ peanut salary
montypython
Stealth
a year ago
The technical temperament of rest of the employees in my team
BackendGuy
Stealth
a year ago
Because they have ramped up hiring and bumped up referral bonuses.
followthemoney
Stealth
a year ago
Company is run on very sticky subscription based business. The culture is to retain employees as much as possible.
GrimBeard75
Stealth
a year ago
The team is already very small and we just got a second round of funding. Laying off anyone right now would mean serious loss of knowledge.
Talent, politics and keeping my value by taking important business verticals
Vespa
Stealth
a year ago
There was already a massive lay-off few months back, dodged that mainly because I'm in Revenue function, though no where close to targets, the revenue growth is decent enough to postpone any doubts clouding the management's mind.
But I'm prepared for this uncertainty over last 5 years. So it doesn't make a difference if I'm laid off aswell.
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