Advertising Sales

Ask them to start looking elsewhere. Even if they join the company, not a good place to be right now.

Analyst

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...

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.

https://www.thedrum.com/news/2024/04/04/forbes-accused-selling-mfa-media-brands-under-guise-legitimate-ad-space

Media net is in a very bad shape rn. RIP 🪦

joining date postponed by media.net

Product Manager

joining date postponed by media.net- Grapevine

Entire team at media.net is laid off.
Whole BU is laid off including analyst & senior PM's.

Layoff at Media.net

Software Engineer

Welcome to IT Company Discussion's Private Community

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 call us and inform that the date of joining is further postponed to 6th Jaunuary 2025 . 

What are we supposed to do in this scenario?

If anyone has any openings please let me know.

Media.Net postponed joining dates for freshers from july 2024 to jaunuary 2025.

Heard it's laying off 30% of its tech workforce.

What's happening at Media.net?

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??

Media. Net using bouncers for layoffs??

Welcome to Office Gossip's Private Community

Few folks from USA and London team have been fired. If things continue the way they’re then many more could be fired. 

Major advertising revenue comes from North America, and a recession there means huge advertising spend cuts by big accounts, which directly impacts many adtech companies. 

Would avoid adtech sector for next 12 mos.

Silent layoffs at InMobi have begun

From what I hear from a friend who is aware of the leadership discussions, MPL might be looking to lay off close to 50% of its workforce and shut down most of its other BU’s to consolidate by October. This would include folks even till the SVP levels. This might be one of the first pins to fall with the 28% GST rule kicking in by October. Dark days ahead for online RMG  industry in India

Massive layoffs coming up at MPL

companies like MPL should not exist in the first place. Why promote gambling?. not for any moral reasons,  if someone wants to gamble, let them go to a casino and do it. Instead, making it easier for some one to gamble at  any time/anywhere is unacceptable.

Consultant

Product Head

Welcome to Indian Startups's Private Community

Any PM or Dev from Navi here!!
I just saw it’s Glassdoor rating is 2.1,is it that bad?

Why is NAVI hated so much?

Some companies I heard of,
Airmeet
Inmobi
Simplilearn
Spotdraft

Which companies are laying off people now?

There are so many that are also doing silent layoffs right now

Heard that massive layoffs are happening and they are exiting the market altogether?

Any intel on it

Any news on Goodworker

I worked at a firm for 11 months and got affected by cost Cutting looking for a full time or internship or remote role in any software development domain.

Thanks in advance 😃

Layoff guy

Software Developer

Many companies laying off employees while they're hiring parallely, if you know any such companies please share there name....so we don't end up joining such confusing workplace......

Hiring and firing parallely

In Zomato and Blinkit they putting pressure on employees based out of Bangalore office to either relocate to Gurgaon office or creating situation where they end up resigning

Strategy & Operations

They came early in for the placement drive in college, selected a bunch of students because of which students weren't allowed to sit for any more companies. Now 2 months(after delaying the start date for 3 months) before joining they revoke the offers stating financial situation has gotten worse. What a shitshow to play with students lives.

Add them to your blacklist.

Arvind Internet (Omuni) Revoke offers from students last moment

People in the firm what is happening? Is this the end of edtech and BYJUs? What went wrong?

Hearing really bad news from BYJUs, firm has silently laid off upto 15-20 K people in months

Growth Manager

Mass layoffs at Miq Digital ! Impacted myself. Open for roles in analytics & datascience. Please help on this network.

Mass layoff at Miq Digital

Almost in the last round in ShareChat, should I join this considering they had massive layoffs just few months back. I'll be working in the AI/ML position but I don't want to get laid off again lol.


P.S: the job hunting has been wildd till now. It's tough out there PM Folks!

Should I join ShareChat/Moj?

Freshers impacted in software/product and data science profiles. Day 1 company in all colleges. Placement season is almost over everywhere and now these students are without a job just days before their joining date. No severance too unlike layoffs. 

Used to pay a lot though, 30 lakhs base salary for SDEs and 15 for product analysts after taking gruelling overnight interviews.

Heard internally there struggling a lot which is reflected in their stock price which is halved from 2021 despite a bull run in US tech companies in the same period.

Note to anyone thinking of getting into sprinkr(obviously in future cause they showing middle finger now): join only if you want to work like a donkey in exchange of lots of money.

Sprinklr revoked 150+ offers accross IITs, NITs, BITs and other tier 1 colleges.

Calm down. A person who cracked a 30 lpa offer will do well in life regardless of whether Sprinklr is a heartless corp or not. Fuck them.

joining date postponed by media.net

Discover More

Layoffs on

by Coy Lee

Cisco

Layoff at Media.net

IT Company Discussion on

by Kendall Lee

Student

Media.Net postponed joining dates for freshers from july 2024 to jaunuary 2025.

Layoffs on

by Jordon Olive

Quantiphi

What's happening at Media.net?

Layoffs on

by Jordon Lee

Student

Media. Net using bouncers for layoffs??

Office Gossip on

by Kendall Denver

Google

Silent layoffs at InMobi have begun

Layoffs on

by Kendall Carmden

Stealth

Massive layoffs coming up at MPL

Indian Startups on

by Kalan Hyrum

Stealth

Why is NAVI hated so much?

Indian Startups on

by Karilyn Lee

Seed Stage Startup

Which companies are laying off people now?

Layoffs on

by Dezi Olive

Stealth

Any news on Goodworker

Layoffs on

by Isaiah Taye

Freelancer

Layoff guy

Layoffs on

by Coy Dean

Stealth

Hiring and firing parallely

Layoffs on

by Isaiah Olive

Cisco

Arvind Internet (Omuni) Revoke offers from students last moment

Layoffs on

by Jordon Gabriel

Startup

Hearing really bad news from BYJUs, firm has silently laid off upto 15-20 K people in months

Layoffs on

by Kendall Lee

Stealth

Mass layoff at Miq Digital

Indian Startups on

by Dezi Carmden

Stealth

Should I join ShareChat/Moj?

Layoffs on

by Blair Denver

Stealth

Sprinklr revoked 150+ offers accross IITs, NITs, BITs and other tier 1 colleges.