PeppyNarwhal

Swiggy layoffs

Such a sad day for all of Swiggy folks out there. 💔 Swiggy’s private feed is full of layoff messages. More power to you guys, Swiggy doesn’t deserve you. You will do better wherever you go. ❤️ Please reach out to me in DM’s if you need any sort of help or referrals. Will try my best to help in any ways I can.

Some of them worked their ass off for NYE and now this is how they have rewarded them. Everything looks like a script from last year. Same fu*king 5-10 min speech for the layoff announcement. Same severance, same method used for the layoff. Now the same consolation phase will start for the existing employees by the leadership. I hope I am wrong, but with the current ways of working, Swiggy is doomed to fail!

10mo ago

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SillyDonut

TCS10mo

Those who are staying back 🔙 should also introspect.

If possible do something like done at openai or other usa start-ups.

ZestyKoala

Stealth10mo

Swiggy will be more than happy to let go another 200-300 in India you can't do what they have done

SillyDonut

TCS10mo

If they can do doesn't mean they should do.

As per current revenue and numbers, swiggy is a decacorn...

Zomato is at 1.2 lac crore.

Swiggy will easily cross 10B and even go to $ 15B if Fed and Geopolitics is favourable by the ipo time.

So, what I mean to say is...fear from karma.

Swiggy is flag bearer of Indian startup ecosystem, give paycuts and more esops but retain the people who burnt midnight oil to make sure my biryani reaches at time with proper hygiene 🪥

BouncyCupcake

Stealth10mo

How much severance are they providing to the laid off personnel ?

PeppyNarwhal

Swiggy10mo

3 months

MagicalPotato

Lloyds Banking Group10mo

What is the severance package?

PeppyNarwhal

Swiggy10mo

3 months

ZestyKoala

Stealth10mo

Do people work hard for themselves or it's for the company.

PerkyBanana

Stealth10mo

Mix of both I’d say. Work hard to get the money that some of these companies pay because the bulk recruiters or most others don’t pay so much in tech roles for sure (comparing people with the same years of experience here).

FluffyNugget

Plivo10mo

Big tech has done same… Long tenured folks laid off without a F2F. Still ppl won’t learn employers know, hope they are proven wrong. Anyway, I am sure folks from there would go to better places. So take a break & restart