GoofyQuokka
GoofyQuokka

Razorpay silent layoffs and issues

Issue at @razorpay all other folks do pitch in. All other people who have offer from Razorpay or joining Razorpay please check this and ask the team from HR is that team is profitable before joining .

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5mo ago
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PerkyNoodle
PerkyNoodle

From the outside it seems like the company is doing incredibly well. Companies not paying severence for layoffs should be taken to court.

GoofyQuokka
GoofyQuokka

@MrRobot1992 totally true, but the problem is people need to switch jobs who are fired sad reality :/

JazzyWalrus
JazzyWalrus

My manager tells to improve culture, the focus is on high quality talent. I saw 2 exits in my team due to performance primarily. While it hurts to see friends leave but I also understand it’s required for any company. The new people are very talented and it feels good to work with them.

PrancingPotato
PrancingPotato

Thanks for sharing this. I bet not many know this. I mean Razorpay is known for its culture.

GoofyQuokka
GoofyQuokka

TBH culture was great till 2020-2021

PeppyMarshmallow
PeppyMarshmallow

My company is preparing for IPO. Should I be worried? 😟

As per GV posts, companies with good culture deteriorate into chaos when company is prepping for IPO. Are there examples of companies where this is not the case?

GoofyQuokka
GoofyQuokka

@DesignTinker may be like they need to show profit on paper and it creates a lot of issues if org is not organized properly .

WigglyMuffin
WigglyMuffin

This I am telling you all from starting only that don't join Razorpay. It became the worst company

WigglyMuffin
WigglyMuffin

I left the company for good. High politics between director and managers.

TwirlyQuokka
TwirlyQuokka

I'm not, I genuinely just didn't hear any PIP news since the last cycle. I do know they PIP. Trust me, last thing i wanna do is shill any company.

GoofyQuokka
GoofyQuokka

@clapped okay so just fyi pip are happening as of now as well and even last week and people are forced to put papers or go through pip. And pip is just 1 month notice period nothing else.

TwirlyQuokka
TwirlyQuokka

Silent Layoffs stopped right now i believe, only because the attrition rate is high.

GoofyQuokka
GoofyQuokka

@clapped my friend from sister team just got piped last week . why are you trying to whitewash image of the company ?

GroovyKoala
GroovyKoala

I am not sure. I do have an offer from platform team. Can anyone tell how does the team and culture looks like ?

GoofyQuokka
GoofyQuokka

@SoreBuggy60 do join if you have a good offer and ask manger about the work you will be given. Platform team was one of the team that was doing well as no revenue constraints on them and you can ping me if you need any assistance happy to help.

FuzzyPretzel
FuzzyPretzel

Summarising the replies here. Yes, Razorpay is profitable and it'll survive. But will it be with or without you is the question all employees have.

GoofyQuokka
GoofyQuokka

@AnonymousActivist exactly. Existing employee : just move out if you are not happy. New joiners : be very cautious (dont join IMO )

SnoozyWalrus
SnoozyWalrus

Operations and CS and Analytics and Solutions Teams culture sucks at Razorpay with leadership taken from banks and made highly toxic with no growth !!! Also cofounder doesnt care about attrition as the company is of a strong belief that they have already built major infra hence dont need great employees.

GroovyLlama
GroovyLlama
TCS5mo

all tech companies are having severe layoff whether startup or tier 1

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Razorpay increments - sad state

Almost 50% of the org got no increments People with "exceeds" rating got single digit increments Only promotion cases have got early to mid double digit increments Promotions have been significantly fewer this time, max people have been ...

Top comments
user

Better than layoffs

user

I don't understand why people complain. 40-50% hikes are not god given rights regardless of how you worked. Company d...

user

Can confirm, I got promoted & still early double digit. Pathetic.