Layoff at Media.net
Entire team at media.net is laid off. Whole BU is laid off including analyst & senior PM's.
media.net (DirectI group) has postponed the joining of product managers hired from campus placements of top BSchools of India, IIM ABCL ISB XLRI etc. No specific timeline has been provided, HR said “joining is postponed”, that’s it.
Insider news is that layoffs are happening at media.net and employees haven’t been given any appraisals this year. They are also forcing work from office on their employees so that they resign by themselves.
also, I read a news article related to Ad Fraud done by media.net on Forbes Website.
Media net is in a very bad shape rn. RIP 🪦
You work at media.net?
Ask them to start looking elsewhere. Even if they join the company, not a good place to be right now.
Entire team at media.net is laid off. Whole BU is laid off including analyst & senior PM's.
I am a 2024 graduate and I got an oncampus placement in media.net in December 2023 and initially my date of joining was july 2024.
A month ago I got call from there HR that my joining date is postponed to August 2024.
Now today , they ...
People in the firm what is happening? Is this the end of edtech and BYJUs? What went wrong?
I read on mba social's insta handle that media. net has hired bouncers who would escort the employees and make sure they can't go to desk to take back their stuffs!
Is it true or just exaggerated??