Mojocare laysoff their entire staff of around 200+ people

Housing.com (REA India) ranked 3rd in the GPTW survey this year. They provide several awesome perks like, laying off without any notice, fucking their reviews just so that they could justify the lay offs, and threatening actions if anything came out on social media. 10-15% of the whole tech team was laid off (mostly freshers) apparently on the basis of low performance. It was all carried out by the higher management, not even the managers had any clue about the lay off happening. The performance rating was rigged by the higher management who had no interaction with the tech people. They had this awesome idea of getting reviewed by people who we had never interacted with. Managers were merely bystanders who had no say in the performance review whatsoever. PS: A note for the management --> Housing.com would be an employee friendly company only if you guys would give two fucks about employees, instead of Caring so much about the GPTW ranking like conducting hands on sessions and literally forcing people to put in good rating.

This morning, ShareChat laid off twenty percent of it's entire staff. The laid off employees were locked out of their system and received the communication of their lay off in their personal email. This is the biggest layoff by ShareChat so far. Many of the features of the ShareChat and Moj app have been told to shut down and their entire team is fired. The employees are offered 45 days of severance pay, leave encashment, bonus and are allowed to keep their system with them.

dunzo laid off ~20-25% of it's workforce today, calling it that they overhired, pretty pre-planned. And coincidentally some dept. heads are on leave for the next few days, unavailable to answer their team. I wonder why these people even take up the leadership roles if they can't step forward to answer.

Anything more that has come out or was the furore only for a day or two?

As per internal company sources: This is big like 500+, lots of folks cut in platform teams, brand teams, marketing teams, business teams, product and tech. Wish everyone there all the best. This shall too pass!

Weren't they doing well? Any idea what is going on behind the scenes?

People from mid and top management (with fat paycheques) across org laid off on friday & today. About 100-120 people affected. Source: Heard from a friend. + mentioned in the Cross org emails by mukesh

Also any insider info on the same?