After getting laid off, I have been talking to multiple HRs at different companies but the responses from them have been brutally slow. Are they trying to take advantage of my desperation or is there a hiring slowdown in India (irrespective of the numerous job openings I see everywhere)
Slowdown is there. Most companies in India were running on VC funded money which is drying quickly.
My firm isn’t hiring at all. I work at one of the fintech firms in India
Almost every Fintech firm is focusing on lending now. Distribution toh ban hi gaya already. Everyone wants to get a bite of the total lending market in India. That’s the only way they would survive.
If everyone is going after lending just like every Tom Dick & Harry entered the EV market, it is not going to end well for most
They’ve lots of options rn. Market is in their favor.
Expected. They’re optimizing for highest roi
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