Layoffs at pinelabs

One of my batchmates got laid off . Wasn’t expecting this. I thought they were doing well

11mo ago

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FluffyNugget

Plivo11mo

Is it just him or are there more? 1-2 instances can be just perf. based

DizzyMochi

Stealth11mo

Business, marketing, sales, design, tech

CosmicDumpling

Stealth11mo

If it is a performance based layoff, it really isn’t Layoffs.

DizzyMochi

Stealth11mo

Product, engg and design was affected. Except the leadership, most of yhe people were laid off

TwirlyBurrito

Razorpay2mo

@MightyLazyGeekStar how do you decide that? they dont have framework....only bootlickers survive.

CosmicDumpling

Stealth11mo

https://entrackr.com/2023/12/pine-labs-nears-rs-1600-cr-revenue-in-fy23-with-sound-economics/
Sound economics last year. Guess they aren’t expecting much growth so want to trim employee costs instead

SillyMochi

Stealth11mo

☝️🤟

GroovyDonut

Stealth11mo

What! . I havent heard of this. Cant comment if its true.

TwirlyBurrito

Razorpay2mo

they keep firing constantly using tactics and give favor to people. There are people from 10 years with no knowledge.

PIP on manager discretion and making girlfriends boy friends in office is their favorite.

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