No big vc firm is spared in this rant.
From the last few days there were talks going on about layoffs in Morgan Stanley. Some 7% of the global staff will be handed over the pink slip in this week. Well... It started happening from today ... Few colleagues from my department...
I have been through ups and downs in IT, but these layoffs seem crazy. There is just no pattern to it, more like everyone is firing let me fire.
Honestly I feel its high time Tech companies, Startups take a hard look at their business...
Navi Technology founded by Sachin Bansal is doing mass layoffs which started on Tuesday (11 July)
Damn no wonder they are firing I know some average freshers who joined at 21 base last year Overpaying for avera...
A lot of people at Unacademy have already resigned, and they are unable to hire replacements from the market( for who knows what reasons). Now as we all know people who are left in the organisation are going to have a tough time.
Leave...
Here's mine at my previous job. A collegue of mine was fired for smoking weed in the bathroom. He got back to his lap...
