Silent layoffs. Heard it from friends at Leap. I know a few folks who have been let go as well.
My two cents on LEAP:
Security Concerns: Fintech platforms deal with sensitive financial data, making them attractive targets for cyberattacks. Security breaches can lead to unauthorized access, identity theft, and financial losses for users.
Regulatory Compliance: Fintech startups often face challenges in navigating complex regulatory environments. Adherence to financial regulations is crucial, and non-compliance can lead to legal issues that may impact both the company and its users.
Market Saturation: The rapid proliferation of fintech startups has led to a crowded market. Some startups may struggle to differentiate themselves, leading to increased competition, pricing pressures, and, in some cases, financial instability.
Got this information from my friends who are currently working at Leap and some who got affected. Surprisingly this has been kept very silent from everyone.
I got to know a senior leadership member at a popular startup suggested to deliberately do poor appraisal for an employee so that she resigns herself.
Bad times ahead with companies forcing employees to join back offices and planning si...
