ZippyRaccoon
ZippyRaccoon

Cogoport Layoffs

Cogoport laid off around 150 people a few days ago, just before welcoming a new batch of around 100 fresh grads. Employees were told to resign, if someone denied they were terminated.

Hearing that they have only 5 months runway left. They haven't paid 1yr retention bonus for many employees, as well as extend probation period from 3 months to 7-9 months because they pay Joining Bonus on completion of probation.

They also have a performance management policy where if you don't reach your monthly targets, a certain percentage of your monthly salary will be deducted.

Avoid this company at all costs

18mo ago
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CosmicDumpling
CosmicDumpling

Heard they hired 8 folks from isb around april/may on a comp on 35 plus and right now only 1 is left who is also looking out.

ZestyDumpling
ZestyDumpling

Are you an employee or ex employee?

ZippyRaccoon
ZippyRaccoon

Neither. I have contacts there

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Curated from across
Layoffs
by ZoomyPickleFounder

Cogoport

Laid off -250 ppl a week back.

Currently the team is approx 650 between Gurgaon and Mumbai

Misc
Misc14mo
by GigglyCoconutSoftware Engineer

employee nukes github org as he gets laid off

an angry employee deleted the whole GitHub organisation / repos of his company out of spite as he gets fired ;_;

This has affected the production servers as well.

what would be the repercussions for that employee for pulling off so...

Top comments
user

the company is cogoport.

user

What a madlad, let's raise a glass to him today!

user

This is why your access is revoked before a layoff. Cogoport deserved it, tbh.

Misc
Misc16mo
by FluffyCupcakeProduct Manager

Cogoport Chronicles

Just be very careful about this company. Heard many such stories.

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Indian Startups
by PerkyCoconutSoftware Engineer

Cogoport company culture 🤡

Copying the following from a LinkedIn post, WTHH!!!

  • Office Gates being locked for eight hours.
  • Tea, coffee, food parcels passed through a fence.
  • Employees being told they shouldn't take many breaks as they are being monitored thr...
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Top comments
user

Care to post the link too when you are cooy pasting.

user

This was already out here on grapevine. Seems like morning context folks scoop for exclusives out here and then go an...