SnoozyJellybean
SnoozyJellybean

Layoffs at livspace

People are being laid off across the org. Only one month of severance is being given :(

21mo ago
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SwirlyNugget
SwirlyNugget
IBM21mo

Only thing i’ve heard about livspace is that the services they provide are really poor.

Wait! they recently hired Anushka and Virat as their brand ambassadors 🥲

FuzzyNarwhal
FuzzyNarwhal
HSBC21mo

Sounds like yet another startup that has thrown big bucks to get a celeb, than focus on correcting the Product and taking care of the employees who are responsible for the product

PrancingQuokka
PrancingQuokka

How are things going on in HDFC bank?

ZoomyCupcake
ZoomyCupcake

For most folks, it's 2 weeks of severance. Grounds for laying off are vague.

CosmicWalrus
CosmicWalrus

What did they say are the grounds?

GroovyBoba
GroovyBoba

wow 2 weeks is brutal

DizzyDonut
DizzyDonut

They bombard people with calls asking for contract to renovate their homes. Just a broker in between i suppose.

JumpyHamster
JumpyHamster

All these broker model dont work in India

DizzyDonut
DizzyDonut

Yes. Especially for houses if your point of contact keeps changing then the eventual result might look different than what you started with. Same with budget as well.
Plus they got bad publicity with a website dedicated to shitting on them

FluffyNugget
FluffyNugget
Plivo21mo

Why 1 month only? Is notice period 1 month?

SnoozyJellybean
SnoozyJellybean

Yes

ZippyPickle
ZippyPickle

Oh no. How many and from which departments? Didn’t they just get Anushka and Virat 😔

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Layoffs

Livspace layoff 100

Livspace layoff 2% or 100 employee. Majorly from tech, product, content and marketing.