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Layoffs
Layoffs
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SqueakyCupcake
SqueakyCupcake
Rapido

Rapido layoffs

Apparently there was a decision to layoff 20% of workforce which was revoked at last minute by leadership. Good sign or not? Could signal lack of forethought among those at top. What do you guys think?

19mo ago
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DerpyPickle
DerpyPickle
Stealth17mo

Any update now? How is it going there?

WigglyNoodle
WigglyNoodle
Rapido15mo

It's bad. Most teams are overworked and no hikes till next cycle.

CosmicWalrus
CosmicWalrus
Linkedin14mo

Heard the same about the culture getting worse. But any idea how are the different verticals doing? Cabs, auto, parcel, bike

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Layoffs
Layoffs23mo
by SqueakyPickleProgram Manager

Rapido indirectly doing layoffs

In this IT recession, where Rapido and many other organization hired IT employee at 5x-10x salary and now they are not able to pay because they are not growing. Due to which other teams like Marketing, Operations, Sales, Finance all are ...

Layoffs
Layoffs22mo
by SqueakyPickleProgram Manager

Confirmed - Rapido layoff | 200 employees

Rapido will be laying off from all departments in next 1-2 months due to not able to achieve EBITDA +ve.

Laying off Funda is totally unacceptable.

  • what is the 1st thing to do - professionally and personally?
  • how to reach to the r...
Layoffs
Layoffs24mo
by JazzyPretzelSoftware Developer

Layoffs were a total failure at changing anything

I don’t understand what the point really was

  • companies with a bad product are still struggling
  • companies with a good product are still growing
  • rent in Bangalore, Mumbai is still sky high
  • salaries are still high, people a...