NoobDev
NoobDev

Preqin lay offs

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 monhs salary, so 4 monthspay in total. This company had started compulsory WFH this month.

21mo ago
randomjocke
randomjocke
Porter21mo

Sorry to hear this. Thanks for sharing. Can you share the exact count of employees?

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