I don't understand how the fuck the hiring team wasn't made aware of future cost cutting given its not a very big company. This is sad. I've myself been approached by them 2 weeks back. 😑
Hiring would’ve been formalized 90 days ago and folks would’ve not given it much heed as they would have hired at a moderate cost that they can offer. When they chatted the layoff plan, this guy would’ve probably joined and he (according to his pay scale and years with Simpl) would be too expensive a resource to keep.
I think it’s just data and filter that decides who to keep and who to let go.
Small advice to all the folks. If you want to have little more secure job in the startup world. Avoid joining B2C companies and try going to B2B. It is much more secure and there are high chance that company can do well in future too.
Simpl is b2b
I think it's can't be generalized well. Amazon is B2C, ofcourse not the best WLF. Microsoft, a small part of their business is B2C, here small part I mean the revenue stream.
TBH, hard to differentiate business on B2C/B2B, their revenue stream might differ
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