Quite a large number of people were asked to resign gradually over the 3 weeks.
The impacted personnel include SEs,Some PMs, and EMs too.
Looks like a massive downsizing. Around 30 percent of the folks seem affected, but I'm not sure on that number.
No severance. A month of notice.
Wtf they are saying it's not due to cost cutting but due to performance https://www.indiatoday.in/technology/news/story/healthcare-app-practo-lays-off-41-employees-from-engineering-team-2357440-2023-04-08
bc itne amount ka subscription bechte hain sort of monopoly type in this category, fir bhi ye condition hai
Hearing rumours that Koramangala based healthcare startup practo did layoff last week. Can anyone confirm
Yes. I was the first casualty of the day
Preqin has laid off around 40% of its workforce from India today. The company has a 2 month notice period policy but affected people don't need to serve this period. They will get 2 months salary + severence packgae which is worth 2 monh...
Heard that Paytm is planning to layoff 10% of entire work force. Across all levels.
Heard cases that folks who were hired at market premium less than 30 days ago are now being asked to leave the organisation.
And the layoffs will be h...
