15% or close to 200 folks being fired. Reason- revenue per employee to be increased. Revenue not going up so firing employees. Mainly lower level.
That’s sad
Damn, this is terrible news. Feels like the market is sinking further.
Recently laid off by Moglix....
Damn I was trying to find articles. I guess they’ll do it in few weeks. All articles I could find was that they are trying to raise a round
A few people who are in advanced stages of the process and/or have offers from slice have been asking me whether it's a good idea to join.
My answer has always been consistent and I'm posting this so that people have more clarity.
...
Slice is a known red flag. Stay away at all costs.
Someone from my connections told that Flipkart have consulted Bain/BCG ( don't remember exactly) and are planning to fire 10% of the workforce
Anyone heard something?
This year, the increments in my company were fairly good, with an average of 21% and the highest being 30% in my team of 10 people. The average rating was 4/5. Given the current market situation, these increments can be considered decent...
Guys, i am in final year B.Tech, currently preparing for placements.
My Parents advice is to prepare for Govt Jobs. They are fearing about the layoffs, but my aim is to get job in anyone of the MAANG.
I just want to know why layoffs h...
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...