New CEO, Old Ideas

After a confirmed research, following resignations are happening at Unacademy, resulting in a massive instability in the organisation 1. CHRO 2. COO 3. CTO 4. VP IT & ADMIN 5. CBO ( JM) 6. HEAD OF OFFLINE CENTERS 7. GENERAL COUNSEL 8. IAS COFOUNDER Adding to this, following BU's have been shut 1. Content Growth 2. Coheshve 3. Next Level TRULY SAD TO SEE THE HOUSE OF CARDS FALLING DOWN.

Arjun Mohan will be Byjus new CEO

I heard the BharatPe board has hired a new full time CEO. Does anyone know who?

50% layoff at a Bangalore based health tech startup. Founder had no shame or guilt. Has raised funding recently but chose to fire people again. This is the third layoff in the last 1.5 years. Terrible management, declined variable pay. Severance is to paid in the next 4 months. Just trying to pivot the company into ‘AI’ without any plan whatsoever.

With ED issuing lookout notice for the founder, is this how Byju's will go down?? Things have not been looking up for the decacorn startup since last year, but with rights issue being fully subscribed, there was hope that things might take a turn for the better. With EGM this Friday to ouster the CEO and his family from board and ED lookout notice just prior to it, is this the end of the road for the maverick founder??

For a company that is out raising millions the CFO and CGO both exited around the same time these fund raise came in. Hear from a few sources that old timers are unhappy with the founders promoting some non experienced folks at the helm of things. Any insider gossips pls?

As informed earlier but many here said it's fake news.

Let's examine a snapshot of the Swiggy Engineering VPs' status from three months ago and compare it to their current situation. CTO Dale departed just yesterday. Storefront - Madhu has been promoted to the role of CTO, and we are awaiting the appointment of a new VP. ATS - Ashish is currently serving his notice period. MFP - Piyush has left the company, and Soumya has taken on additional responsibilities. RNG - Nitesh is currently interviewing with other firms. DIP - Soumya is still performing well in their role. DevOps - Anurodh is in charge. Location Intelligence - Pradnya is currently serving her notice period. One potential reason for their departure is the recent devaluation, which has resulted in an unofficial 50% reduction in the value of the ESOPs. Given the minimal salary increases, unless prompt action is taken by the remaining leadership, this ship will inevitably sink! PS The engineers at Swiggy are aware of the alternative interpretation of SOS.