What’s up with Razorpay? Like everyone got a mid year promo?

Folks! What's happening at Razorpay? Heard about silent layoffs ...is it true?

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 company did as low an appraisal as 2%. Senior folks are leaving specifically Frontend Developers. Salaries of a lot of SDE-2 are below 30 LPA. They have started new positions called Product Developers which will do the same work as SDEs but with a lesser package. PD-1 salary is around 10-12 lakhs and of Lead PD is 20-22 lakhs. The company is putting itself in a position where it wants people to leave on their own. There are almost zero perks in the company. The team outing budget is a joke which is 2k INR per person per year. That is 500 rupees per person per quarter. Also making office mandatory from November.

Hi everyone, I have a SDE offer from Razorpay. I have worked previously at amazon for 1 year. My team at both Razorpay and amazon is kind of new from what I have heard. I am not sure about the work culture at Razorpay, but lately I have read a lot of negative comments about razorpay in this app. At glassdoor, people are giving 5/5 rating to Razorpay. I am not sure about it. Can someone tell me how the work culture is at Razorpay? Are there frequent pips and how is the work life balance? Thanks.

Saw multiple people are leaving organisation, looking for change.

https://twitter.com/IT_Kabootar/status/1681476148650205185?t=wLsYUr91fosMp5P9zDSgOg&s=19 https://www.linkedin.com/posts/ashneer_hiring-at-third-unicorn-activity-7087737663780196353-pwQN?utm_source=share&utm_medium=member_android

Razorpay has openings for 1. Staff SDE 2. Product Development Engineer 2/3 3. Engineering Manager 4. Product Manager 2 and more. Let me know if someone needs a referral.

Anyone from Razorpay knows anything about why Razorpay is not onboarding new hires? We have not received the offer letters yet and there is no information on the doj ad well.

Name some startups which are really good- solving tough problems for India, good workplace policy and perks, founders aren’t d, and have good policies to support employees building our startups (sabbatical policies, financial support etc)

What's it like for the business team? Have heard people last about 12 months there, true?

I am here in the event right now and completely blown away with the innovation and work Razorpay is putting in. 100% bullish with what they are building and the way they are doing it. Saw their new AI called Razorpay Ray, really good and with all the people from RBI, and other officials speak I think Razorpay is pretty well prepared for issues that Paytm is facing today. Really excited for what comes ahead. Tell me if you have any questions or thoughts. If you guys are here, meet up