WobblyWalrus
WobblyWalrus

Layoff at Media.net

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

10mo ago
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DizzyPancake
DizzyPancake
PayU10mo

Media.net is extremely profitable. Why did they do layoffs?

SqueakyWalrus
SqueakyWalrus

To become even more profitable 🙂

GigglyDonut
GigglyDonut

Owned by Chinese company
Why would they spend more when they can exploit for less? 🤔

JazzyBoba
JazzyBoba
Zomato10mo

What about the freshers joinee of 2024 ?

WobblyWalrus
WobblyWalrus
Cisco10mo

It's happening in Product teams.

JazzyBoba
JazzyBoba
Zomato10mo

I am about to join them through campus placement is there any worry for me ?

BubblyUnicorn
BubblyUnicorn

Which BU ?

BubblyUnicorn
BubblyUnicorn

I know the full form, I want to know which BU got accepted

SquishyBurrito
SquishyBurrito

lol Infosys showing his IQ

FloatingJellybean
FloatingJellybean

Khauf ka mahaul hai 😔

BubblyUnicorn
BubblyUnicorn

Very unexpected, suddenly
Like when Market is about to get stable one or another company come and does layoff

SparklyPanda
SparklyPanda

What's the reason this is happening?

FloatingJellybean
FloatingJellybean

Happenning accross all teams

In some team its performance based and rest are random sampling
Agencies hired to fire people

BubblyUnicorn
BubblyUnicorn

Is Mumbai location affected? , and had tech also affected

FloatingJellybean
FloatingJellybean

Mumbai - yes
Majorly tech and product teams were affected

DizzyHamster
DizzyHamster

Profitable Companies me Kyu ho ra Aisa Bhai

SqueakyWalrus
SqueakyWalrus
Gif
TwirlyMarshmallow
TwirlyMarshmallow

We are all slaves.

WobblyWalrus
WobblyWalrus
Cisco10mo

Ultimate truth

ZippyPenguin
ZippyPenguin

This is tech or bizdev roles?

SillyBiscuit
SillyBiscuit

What is the overall headcount at media.net india. How big is the company

SqueakyQuokka
SqueakyQuokka

Should be around 1500

BubblyUnicorn
BubblyUnicorn

can you give more details about it

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They just fired 40 percent of engineering team what an incapable upper management !!!!!!!!!!!!

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I have received a meeting to for important update maybe layoff

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