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Layoffs
Layoffs
on
DizzyMochi
DizzyMochi
Stealth

Layoffs at pinelabs

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

14mo ago
FluffyNugget
FluffyNugget
Plivo14mo

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

DizzyMochi
DizzyMochi
Stealth14mo

Business, marketing, sales, design, tech

CosmicDumpling
CosmicDumpling
Stealth14mo

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

DizzyMochi
DizzyMochi
Stealth14mo

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

TwirlyBurrito
TwirlyBurrito
Razorpay5mo

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

CosmicDumpling
CosmicDumpling
Stealth14mo

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
SillyMochi
Stealth14mo

☝️🤟

GroovyDonut
GroovyDonut
Stealth14mo

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

TwirlyBurrito
TwirlyBurrito
Razorpay5mo

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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Curated from across
Bangalore
Bangalore16mo
by BubblyJellybeanSoftware Developer

PIP then laid off, again laid off

I used to work in a start up in Bangalore, they overhired in 2022 and overpaid the freshers, more than the experienced engineers were getting paid. To fix this put 30% of workforce on pip, laid off 20% I was one of them. 2 months later,...

Top comments
user

Can relate op I got laid off twice last year. Got trauma because of that 💀. More power to you

user

In short, tough times don’t last, tough people do.

user

This is genuinely concerning. I hope this gets better.

Layoffs
Layoffs3mo
by PerkySushiSoftware Developer

Layoffs at Mavenir Systems!

My friend got affected. The Manager is out too! A guy awarded recently for his performance got affected too. Feeling sad for them. It was the second day of layoffs. Hope they get something better soon 🙏

Layoffs
Layoffs8mo
by ZestyQuokkaQuantiphi

Intuit Layoffs

Extremely sad. Labelling laid off folks as underperformers in public. Getting hired in this market would be a huge challenge for them now.

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