FloatingMarshmallow
FloatingMarshmallow

Fynd downsizing

Post image
23mo ago
BouncyNugget
BouncyNugget

Just to answer your doubts. Yes, a 20% layoff happened.

These two points were exactly discussed in the company event called "State Of Firm(SOF).

Offer letters were rolled back too, cost to existing employees is also optimised,

Co-founder cannot be a person who can commit if layoff will happen or not, if Jio/Reliance asks for layoffs and costs optimisation he has to do it. Although, co-founders tried to push that at the end it happened.

FloatingMarshmallow
FloatingMarshmallow
EY23mo

Will they rollback the offer letters? Does anyone know about this?

WobblyTaco
WobblyTaco

They aren't laying off

FloatingMarshmallow
FloatingMarshmallow
EY23mo

This was tweeted by Farooq Adam co-founder at Fynd

WobblyTaco
WobblyTaco

Read this tweet reply, they aren't laying off according to it

GigglyBiscuit
GigglyBiscuit

They did a lot of hiring last year 😕

SnoozyKoala
SnoozyKoala
Swiggy23mo

I think this memo got really famous and he just shared it. Don’t think the intention of the founder is to downsize.

FloatingPickle
FloatingPickle

I don't think so. Co-founders won't mention about layoffs publicly.

Discover more
Curated from across
Layoffs
by ZippyWaffleCustomer Success

Thoughts

Layoffs layoffs here there start ups companies tech giants. What are they trying to downsize? Product hunt says need to narrow down on speed and focus. What focus and speed that they couldn’t do being a bigger organisation. Companies h...

Indian Startups
by PrancingNuggetSlice

Your mental health isn't worth a slightly higher base pay in slice

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.

...

Top comments
user

Slice is a known red flag. Stay away at all costs.

user

Good Samaritan. Can u suggest some better places u might have found in ur recent search ?

user

We Razorpay folks know all about your Chief Architect 😂 Apt description

Layoffs
by DerpyHamsterSupply Chain Manager

Flipkart downsizing?

Got a call from one acquaintance looking for opportunities outside Flipkart informing me that downsizing discussions are going on amid hiring freeze which is ongoing since last 1 year.

Does anyone have more info on this?