Layoffs27mo
by WigglyBurritoBusiness Analyst
Layoffs
on
FloatingLlama
Swiggy to cut 8-10% of workforce
27mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
PerkyTaco
Swiggy27mo
The comment about work pressure and people moving around within Swiggy is spot on.
ZestyNarwhal
Meesho27mo
Sorry for what you guys are going through! When is the announcement expected to come out? I almost accepted the offer in 2021. I'm not sure how I feel about it now.
PerkyTaco
Swiggy27mo
Every time these rumours of layoff comes in Swiggy, our VP used to categorically dismiss them as speculations. Not this time. Even the VP doesn’t have a clue about the chaos and panic around, and how to handle teams. So yeah, looks like layoffs are happening soon - likely in a weeks time.
There’s already a lot of pressure from senior leadership on profitability, and Zomato’s relatively better finances are adding fuel to the fire.
DizzyDonut
Harness27mo
Not sure how these companies can run on loss forever. It makes sense to lose a bit for faster growth if you are close to achieving profitability. But when loss is like over 3x of revenue that makes it pretty terrible. But I like Swiggy tech more than Zomato. It's pretty smooth and accurate
GroovyJellybean
Swiggy27mo
You’re in which team ?
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Layoffs27mo
by CosmicNoodleProduct Manager
Swiggy Layoffs
What’s happening at Swiggy? Which teams are being laid off and how is the process being handled?
Hope not the way Sharechat did.
by FloatingPretzelSoftware Developer
Razorpay is too smart!
The company did around 10-15% silent layoffs in the last cycle by putting people in PIP. My Manager told me that he has pressure on him to put at least 1 or 2 people in PIP, make them leave the company and reduce costs.
Later, the c...
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Good thing. Anyways their frontend devs and PMs were doing everything on Twitter except tech.
Smart move by Razor pay, that’s why I love them
Same for Swiggy. Cost cutting, no increments,hiring interns and temps instead of sdes