Whatsinthename

Wirpo joins the lay offs bandwagon.

90 days notice period required, non-compete agreements get signed but when they want to layoff..woosh! Pack your bag and F*** Off!

10mo ago

BadEngineer

PhonePe10mo

Why is so much blood-bath happening across all companies. These companies are growing at a good pace, why not they want to share that profit with the employees who build that things.

BladeRunner007

Fintech Startup10mo

Indian IT firms revenue have actually stagnated/declined due to recession in USA(there major clients are usually from there).

Sapthinker

Stealth10mo

Who cares about US, we are having 5 trillion dollar Amritkal super power status as per UNESCO

Qwerty2398

Stealth10mo

If there is so much layoffs and negative expectations, why is nifty going up?. ..

Whatsinthename

Stealth10mo

Layoffs = Less Salary cost = More profit. Investors love profit! Most of these layoffs seem to be because of overhiring during Covid and due to AI.

Qwerty2398

Stealth10mo

What you say is true. Investors love positive surprises. Yesterday's infy move is a proof.
But the overall economy impact is higher. Market prices the future. So nifty should fall at every rise. There should be commensurate negativity with every so called layoffs as overall economy should shrink. That is not happening. So either these layoffs expectations are fake. Or the layoffs are simply restricted to startup unicorns that occupy inordinate space in our media.