BubblyRaccoon
BubblyRaccoon

List of companies doing silent layoffs

List of companies doing silent layoffs using PIP and Cultural fit issues.

Myntra Flipkart Meesho Cars24 Smallcase

24mo ago
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Round 1 by Grapevine
QuirkyPenguin
QuirkyPenguin
Student24mo

What is Cultural fit?

BubblyRaccoon
BubblyRaccoon
Myntra24mo

Firing / Putting people on the PIP in the name of not being a good team player, flagging for behavioural. Basically doing mental harassment . So people quit so they don't have to give a servance package.

JumpyTaco
JumpyTaco

My previous manager tried to scare me by saying he will place me on PIP, so I opened and showed him my leetcode in same 1:1.

Fast forward 2 weeks in the next 1:1, i went with a offer in hand, but this time he didn’t try to blackmail me so I didn’t say anything and bought more time.

4 weeks later, i had 4 offers with 100% hike, with huge stock offer, needless to say I resigned and left.

They should remember that not everyone can be scared by PIP. Fuck him

BubblyRaccoon
BubblyRaccoon
Myntra24mo

Mindtickle Acceldata MakeMyTrip

WigglyTaco
WigglyTaco

Add Exotel to the list

GigglyPotato
GigglyPotato
Slice24mo

Razorpay is also doing silent layoffs, look at their headcount growth of last 6mon to 1 year, it's negetive in all roles

SqueakyHamster
SqueakyHamster
Atlys24mo

Please include nykaa as well 😂

BubblyRaccoon
BubblyRaccoon
Myntra24mo

Can you please share more details? After the whole Saga of IPO and share price going down. There is no good news from Nykaa.

SqueakyHamster
SqueakyHamster
Atlys24mo

See. The point is they are profitable but then there is pressure of bringing in more profits & and after all the previous CEOs / CTO / CFO EXIT. The newer folks have been working and downsizing on engineers & designers. All in all the attention rate has been more then 25% and they have this culture of not listening to employees. So that is it

ZippyDumpling
ZippyDumpling
Myntra24mo

The funny part is that Flipkart and Myntra were recently renewed as "Great Place to Work" by external parties 😜

BubblyRaccoon
BubblyRaccoon
Myntra24mo

Everyone knows that a great place to work is an unreliable source of measuring the company and all orgs pay money to buy this shit. More PR stunt

ZoomyPancake
ZoomyPancake
OYO24mo

Add inmobi to the list

MagicalNarwhal
MagicalNarwhal

Glance as well

JumpyMuffin
JumpyMuffin
Slice24mo

slice.

DerpyLlama
DerpyLlama

Is slice going to survive given the hit on their core product because of regulation changes and the economic downturn?

ZestyBanana
ZestyBanana
Swiggy24mo

Leadsquared

SwirlySushi
SwirlySushi

Sabre

FloatingJellybean
FloatingJellybean

Yellow.ai

PerkyTaco
PerkyTaco

Fintech startups like smallcase are the worst - my friends told all kind of terrible stories about their culture where they treat even long tenure employees the worst.

PerkyMochi
PerkyMochi

Can you elaborate

PerkyTaco
PerkyTaco

My friend was there for 5 years purely because it allowed remote work in engg post Covid. He said he had no voice in the company and felt he would do better elsewhere given his skill set. That’s all I know

GroovyHamster
GroovyHamster

Add MPL too, to this list Layoffs almost every other day

FluffyMuffin
FluffyMuffin
MPL24mo

Not true. We had 2 rounds of layoff. After that it has been mostly churn.

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