Rapido will be laying off from all departments in next 1-2 months due to not able to achieve EBITDA +ve.
Laying off Funda is totally unacceptable.
Company invested amount in ATL. Now they have not fund to keep employees.
Well how else is it going to pay record profits to “shareholders”
What’s ATL
Sauce?
@all : approx 100 FOS and 17 on roll employees fired last month in Rapido.
In this IT recession, where Rapido and many other organization hired IT employee at 5x-10x salary and now they are not able to pay because they are not growing. Due to which other teams like Marketing, Operations, Sales, Finance all are ...
Apparently there was a decision to layoff 20% of workforce which was revoked at last minute by leadership. Good sign or not? Could signal lack of forethought among those at top. What do you guys think?
Need a referral for a creative role in Rapido, please do help if you can.
I have been hearing from multiple friends across organizations in India. Lay offs are not in news but happening silently across boards. Companies are on cost cutting mode. Interesting year ahead
Thank you for sharing this. Was not knowing about silent layoffs happening. But one interesting thing I hav...
Recently, I gave an interview at this early startup in Bangalore. It consisted of 5 rounds.
Dodged a bullet, I would say.
