SqueakyJellybean
SqueakyJellybean

Layoffs at PocketFM

Many getting impacted in the layoffs at pocketFM today

1mo ago
43Kviews
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SleepyMarshmallow
SleepyMarshmallow

I had an offer from them, didn’t like the hiring manager, so rejected the offer. Today I realise it was a blessing in disguise. Dodged the bullet. I know they had paused the hiring in November, resumed in December and now are laying off in January. No idea what’s happening there.

BouncyUnicorn
BouncyUnicorn

I have received a meeting to for important update maybe layoff

SqueakyJellybean
SqueakyJellybean

Most probably yes but sooner or later everyone there will have a similar fate

BouncyUnicorn
BouncyUnicorn

At least they should give performance reviews if need to review why direct layoff

BouncyUnicorn
BouncyUnicorn

They just fired 40 percent of engineering team what an incapable upper management !!!!!!!!!!!!

SwirlyPancake
SwirlyPancake

Any particular reason? Maybe because they hired a bunch of interns from campuses this year. But why would they replace their existing teams with new folks?

BouncyUnicorn
BouncyUnicorn

Anyways 2 months back they did layoff for some due to performance now due to resizing god save those who are not laid off the amount of work let’s see how they handle with so much less people

BubblyJellybean
BubblyJellybean

i was impacted on layoff, working in tech team. They said due to team restructuring.

SwirlyPancake
SwirlyPancake

Sorry to hear that. Most folks who got impacted are from testing teams only.

QuirkyUnicorn
QuirkyUnicorn

Any severance?

BubblyQuokka
BubblyQuokka

2 months ago they hired someone and today he is fired....

WobblyHamster
WobblyHamster

Just 2 months ? 💀

BouncyUnicorn
BouncyUnicorn

Yes just 2 months

WobblyPanda
WobblyPanda

I also got laid off

FuzzyNarwhal
FuzzyNarwhal

Any

FuzzyNarwhal
FuzzyNarwhal

Flipkart is also laying off ?

SparklyBiscuit
SparklyBiscuit

Oh..what product vertical?

SqueakyJellybean
SqueakyJellybean

Across teams

SparklyWaffle
SparklyWaffle

They were doing good, any intel on the reason for layoffs?

FluffyKoala
FluffyKoala

Lets build a rival to pocketfm lol, I am very much interested (seriously) if any one is interested hit me up.

GoofyRaccoon
GoofyRaccoon

Me

WigglyBanana
WigglyBanana

What would you want to do differently?

BouncyUnicorn
BouncyUnicorn

But they just reached arr of 400 million dollar

DancingDonut
DancingDonut

Are they spending more than 250 Cr a month? How large is the team?

TwirlyBoba
TwirlyBoba

Seems like a resizing/downscaling step, probably because of the stagnant revenue

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Layoffs
by PeppyJellybeanConsultant

Pocket FM Layoffs

Thousands laid off from India and US teams. The problem is, it came like death. The message of lay off came suddenly.

I want to know if companies want us to serve the notice period before leaving, then why don't they even give notice ...

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Top comments
user

got ghosted by them after clearing all rounds guess whatever happened was good only

user

Try to consolidate the people who have been laid off and file a case collectively. Try to involve media in n this as ...

Indian Startups
by GigglyPretzelPocket FM

Lay offs

Pocket FM is also seeing layoffs. Any idea what the reason is cost cutting, or something else? There is a layoff in the content team and also in Tech team.

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