"Healthtech startup implodes, axes 3/4 of workforce after lavish Series-C funding round! Upper management rewards themselves with director-level promotions, while loyal employees are left in the lurch. In a ruthless move, the company offers a two-month notice period but refuses to provide termination letters, forcing employees to quit and forfeit their rightful severance pay. The very same employees who contributed to the startup's success are now callously discarded, leaving many wondering if greed and betrayal are the new industry standards."
Hint - it's amongst one of the biggest emr platform and says doctor first approach.
Company - Healthplix technologies Yes the news is real, I have a couple of freida there in sales, support, tech and marketing.
All of them had a meeting with HR today and we're told June would be your last day working day.
Naam bata bhai. Treasure hunt kya khel rha hai humare saath.
"The very same employees who contributed to the startup's success are now callously discarded, leaving many wondering if greed and betrayal are the new industry standards."....
Every person should remember this next time when joining a startup.
I had interviewed at healthplix around 7 years back, but didn't get in. Because I was already in healthcare, I was quite impressed with them. Didn't expect something like this to happen to them.
I was part of the organization until last year, have worked there for around two years. Unfortunately, I have witnessed it transform from a great place to work into a nonsensical mad work place.
Some of the mistakes they could have avoided :
50% layoff at a Bangalore based health tech startup. Founder had no shame or guilt. Has raised funding recently but chose to fire people again. This is the third layoff in the last 1.5 years. Terrible management, declined variable pay. ...
HealthifyMe is the Startup. They are having other PR articles to cover this shit now
The health-tech company raised $25 million in 2022. Now their operations are shut, website deactivated. They haven't paid their employees for over 3 months. They encouraged employees to resign and brought their count down from 2000 to 20...
