TheTiger

Silent layoffs happenings across organizations

I have been hearing from multiple friends across organizations in India. Lay offs are not in news but happening silently across boards. Companies are on cost cutting mode. Interesting year ahead

6mo ago6.5K views

LokiPen

Stealth6mo

Thank you for sharing this.

Was not knowing about silent layoffs happening.

But one interesting thing I have observed is that many organizations are now deliberately making the work environment more pressurised and/or toxic to reduce the headcount so that they don't need to layoff people.

give_me_some_rain

Stealth6mo

100% correct, in other way, they are using this bad market to overburden their employees

TheTiger

TIAA-CREF6mo

Yes and apart from that pressurized work from office, removing the flexibility and reducing th perks

BiryaniEnthu

Stealth6mo

Name the organizations, it will be helpful

100x

Jupiter6mo

Jupiter for sure.

Immense work pressure and toxic environment (wasn't like this several months ago)
Less than 5% appraisals
No talk about retention
General lack of care for employees

GiftedTaste

Others6mo

But LinkedIn pe toh kuch kuch bakchodi daalte rehte hain unke company page pe. General lack of employee care toh nhi lag raha but could be an eyewash as well.

Whitefang

Stealth6mo

Don't you think that somebody did the layoffs at their company that's why now everybody thinks they need to do layoff too!!
It's kind of basically like #BHEDCHAAL all over again

CorporateMate

IT World6mo

It is like pehle big companies n start kiye ye trend and then other companies is trend m employees ko fire kar rahe even though they did not need to, like chalo "Behti Ganga me hum bhi Haath Dhole the hai"

Whitefang

Stealth6mo

True 💯 #bhedchaal_supermacy

Buggasaur

Stealth6mo

They board says they are letting go non performing and culturally unfit resources 😁

FunnyBones

Plivo6mo

Easiest excuse and a popular one

StrAngEr

Stealth6mo

What do they mean by culturally unfit ?

Gupchup

Microsoft6mo

Razorpay

Drunk3N

Stealth6mo

Is it the case with all payments company?

Gupchup

Microsoft6mo

Not sure, but I think PayTM did it too.

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Curated from across

NotRaviKumarStealth20mo

Silent layoffs upcoming 😔

I got to know a senior leadership member at a popular startup suggested to deliberately do poor appraisal for an employee so that she resigns herself.

Bad times ahead with companies forcing employees to join back offices and planning si...