I believe the supply is more than demand for the talent pool nowadays. So, is cost cutting is the only reason or roles are getting redundant too? I am looking for good insights across sectors and roles to understand the overall situation.
Companies are starting at decent pace in March 2024. Any major macro factor changed?
My observation - Business and investments are always cyclical primarily decided by central banks as they control the flow of money in markets. They have a responsibility to balance the growth against inflation.
When markets are in growth phase - Companoes hire aggressively, execute moonshot ideas. Investors throw money as they don’t have other places to keep that money.
When markets are in cool down phase - No machine can grow indefinitely, so when cool down period comes. Companies tame down activities and hence less roles or opportunities in the market.
Paytm
Why do some startups lay off people even when they know that they'll be raising money soon via new funding?
Case in point: Dunzo
Are these employees given severance? Or is it just that Hi, Hello, Today is your last day, thank you, bye ...
Today evening Google’s VP of Recruiting had an all hands call with global recruiting team to tell them that there’s more layoffs happening in recruiting and people will find out about it through emails in next couple of hours.
Such a ...
This is so sad, petition for Grapevine to start a jobs section to help people who get laid off
I am seeing a lot of layoff related posts everywhere from news articles to LinkedIn.. Is the Job market really that bad now? Or just the media is projecting that way?
If it's really bad, which department you think is the most affecte...
It is really bad right now 1. Layoffs in many of the companies, irrespective of whether they're a startup or a big ...
There was some call around 9 AM today, some folks are laid off. Didn't know the % yet.
Been hearing layoffs again and there are less hiring what's the actual reason for this and when this become normal