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swiggy continues to silently layoff

PIP on the raise at Swiggy, saw couple of post with good fellas leaving. can someone confirm or deny this fact that PIP is used a weapon to downsize the teams in order to show profit for upcoming IPO next year?

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FrontPrey87

Stealth

10 months ago

yes, that's true. One of my friend works there and he tells that his manager scares him in every 1-1 that "we have laid off people from time to time in the past and if you don't work hard, we'll let you go as well". Can see him easily working at least 12 hours at junior level. Sounds very sick to me!
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Brutallyhonest

Stealth

10 months ago

Which team he is in? Wonder how culture can change so much after a bunch of good leaders leave the org.
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Brutallyhonest

Stealth

9 months ago

IPO babu bhaiya
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MightyLazyGeekStar

Stealth

10 months ago

Well this would be a norm for now
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Brutallyhonest

Stealth

10 months ago

Hope you are not a swiggy Recutier
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BearBear

Stealth

10 months ago

Tell me your company name so that I don't even apply by mistake
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Sloth69

Swiggy

9 months ago

That is true. A good no of folks (in engg) are already on notice. And they are planning to let go to reach a certain headcount. Announced in townhall. Sad.
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Brutallyhonest

Stealth

9 months ago

Yes, heard about it
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salt

Gojek

10 months ago

Disappointing but I didn’t expect a lot more
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Brutallyhonest

Stealth

10 months ago

Yeah, what one can expect with the top leaders like that
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DesignTinker

Stealth

10 months ago

Events in past few years have clearly shown that most big companies talk about culture just to improve their brand perception. When numbers are down all those points about culture and empathy are thrown in the gutter.
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Brutallyhonest

Stealth

10 months ago

True.
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AFAIK

Series B Startup

9 months ago

I just came across many folks (including engg managers) who are currently working at swiggy, saying that swiggy is hiring for aSDE (god knows wtf is aSDE. Isnt SDE 1 the starting point for freshers?). The requirement says that they should have 0-2yrs of experience, but their year of graduation should be atleast 2022. What about folks who graduated in 2021 ? 😂
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Brutallyhonest

Stealth

9 months ago

Those people are just want to make money by referrals aSDE is an intern a term coined to fool engineers. They can hire them at throw away price and get some projects done who are not willing to do internally for promotion or growth purpose. Which basically don’t have any meat/substance yet it’s required kind of projects. Apply your discretion
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Sloth69

Swiggy

9 months ago

Starting sal is 5 lpa for aSDE. The bar for pay is going down day by day. Best to avoid unless you have nothing in hand.
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ProfessionalCurser

Stealth

9 months ago

What about marketing team? Same story?
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Brutallyhonest

Stealth

9 months ago

Tech and product primarily
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