Happened last week.
Navi does this half-yearly if not quarterly. Supposed to be performance based but systems and checks are not in place to assure the process is unbiased.
Myntra - not an organisation which does layoffs much.
Please shed some light.
No group of workers in India are empowered enough to do mass resignation.
Myntra fired 17 folks from tech and product this month.
It was layoff at navi; and very brutal one.
why would there be mass resignation? i
The world economy as we know is stabilizing but its just the US economy that is stabilizing there is a real cash crunch happening at most startups and its effect have started from the last week
One of the companies in which my friend ...
It's more of a market rationalization which is common after every bull run. What we are seeing now is just exactly ho...
I was talking to one of the Navi recruiters and she became uninterested once I told her I was recently impacted by the layoff and can join within a few weeks. I mean it's funny how they don't want to interview immediate joiners who are i...
Had a similar experience with udaan in 2022. Later the recruiter itself got laid off 💀
Hearing another mass layoffs on the cards at a fintech startup that is into lending, insurance and mutual funds in Bengaluru, which had laid off about 20% in June last year !
