FloatingPretzel

Developers leaving Razorpay

Lot of Developers are leaving the company (specially frontend) because of low salaries, limited scope of work and Return to office policy. Company is silently creating an atmosphere where developers are leaving on their own.

Company is also not planning to provide any good pay raise in the upcoming appraisals.

Time to leave the company :(

14mo ago

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FloatingBagel

Stealth14mo

How come razorpay is paying less..how much are they paying to PMs and SPMs? Isn't it one of the best startups around?

SqueakyQuokka

Microsoft14mo

I was told that PM 1 salary is capped at 32 LPA, all fixed.

PerkyPickle

Bimaplan14mo

They have lot of cash reserve from previous fundings and running expenses are running from their annual revenue well. But they are over optimizing cost now and now making an atmosphere where developers are leaving on their own. For Frontend Devs there’s a very little good work in few teams, rest of the FE Devs just work on non-productive tasks entire year.

Company also knows that they are not in a phase where they need top notch 45 LPA Frontend Devs where 10-20 lakhs one can do the same so they are making them to leave by putting them in PIP or not giving them raise saying macro economics blah blah.

Thing is lot of developers joined when company was not even unicorn, took risk, expecting salary will anyways increase in future but now when company is at 7.5B valuation, they realize they don’t need those good developers anymore.

PerkyDumpling

Stealth14mo

What are the salaries like anyway considering crazy firing are you sure that's happening

DancingCoconut

Stealth14mo

One I approached them they are not ready to pay 13 l for 3 yrs experience in frontend

FluffyWaffle

Stealth14mo

That's too low

WobblyNoodle

InMobi14mo

I thought razorpay is one of the better startups. 😶

SnoozyWalrus

Razorpay14mo

Business teams also getting no raises !!! Screwing up the culture and shitposting and pretentious branding has increased by the founders and their bunch of founding team sycophants.. While joining thought Razorpay going to be a generational company. All I see now is a regular okayish startup with no real innovation to do !!! Market's on freeze else wouldve moved out long ago !!!

DizzyPickle

Khatabook14mo

How’s the culture there now?

PerkyPickle

Bimaplan14mo

Culture mostly depends on which team you are working and at which designation.
Overall now things are not that great anymore

SnoozyWalrus

Razorpay14mo

No L&D, No appraisals, only bs 😂

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Curated from across

Software Engineers14mo

by FloatingPretzelSoftware Developer

Razorpay is too smart!

The company did around 10-15% silent layoffs in the last cycle by putting people in PIP. My Manager told me that he has pressure on him to put at least 1 or 2 people in PIP, make them leave the company and reduce costs.

Later, the c...

Top comments

Good thing. Anyways their frontend devs and PMs were doing everything on Twitter except tech.

Smart move by Razor pay, that’s why I love them

Same for Swiggy. Cost cutting, no increments,hiring interns and temps instead of sdes

Indian Startups10mo

by PrancingBiscuitPocket FM

What's happening in Razorpay ?

Saw multiple people are leaving organisation, looking for change.

Top comments

Amazon dude joined as CTO and is f**king everyone up.

Lots of PIPs, it seems.

Layoffs22mo

by BubblyRaccoonSoftware Engineer

List of companies doing silent layoffs

List of companies doing silent layoffs using PIP and Cultural fit issues.

Myntra Flipkart Meesho Cars24 Smallcase

Company Reviews4mo

by GoofyQuokkaRazorpay

Razorpay silent layoffs and issues

Issue at @razorpay all other folks do pitch in. All other people who have offer from Razorpay or joining Razorpay please check this and ask the team from HR is that team is profitable before joining .

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