Yamprofessional
Yamprofessional

Layoffs at pinelabs

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

10mo ago
FunnyBones
FunnyBones
Plivo10mo

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

Yamprofessional
Yamprofessional

Business, marketing, sales, design, tech

MightyLazyGeekStar
MightyLazyGeekStar

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

Yamprofessional
Yamprofessional

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

LoneWeedkiller
LoneWeedkiller

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

MightyLazyGeekStar
MightyLazyGeekStar

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

Brutallyhonest
Brutallyhonest

☝️🤟

Drunk3N
Drunk3N

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

LoneWeedkiller
LoneWeedkiller

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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