GigglyWalrus
GigglyWalrus

3rd round of layoffs at Gojek/GoTo

Today, all of a sudden, some folks got emails that they have been laid off. There is an uncertainty around the transparency of layoffs now. It was communicated org wide last March and November when then last 2 layoffs were conducted. This time, no-one seems to know how many people got impacted and who got impacted.

Some people at head/lead/senior positions have started voluntary leaving as well. Not sure if they are being asked to leave or if they are leaving themselves.

Hard to see these things happening in a company with an amazing work culture. :/

24mo ago
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DancingNoodle
DancingNoodle
Uber24mo

Work culture amazing ho ya tatti…. Jab waqt bura ho, lay-off sabka aata hai…. Kat ta sabka hai….

DerpyQuokka
DerpyQuokka

Company culture sways perfectly with business performance outlook. The former is a product of the latter. A good culture company can “afford” a good culture.
That SAID, companies with the same business outlook can also have differing cultures which is very heavily related to the Business Leaders and HR teams in those companies. I’ve been part of a few companies with neutral business outlook but absolute garbage culture just because of a few terrible hires.

PrancingNoodle
PrancingNoodle
Zomato24mo

Is Uber hiring for iOS?

WobblyBanana
WobblyBanana

I had said the same thing here few days ago and no one believed

WobblyUnicorn
WobblyUnicorn

Do you know more AliveYouth?

WobblyBanana
WobblyBanana

Check my comment here Does anyone know what is happening at Gojek?

I’ve heard some worrying rumours from Indo-based folks about possibility of layoffs in upcoming weeks/months. Does anybody know what’s going to happen...

17+ comments on Grapevine Checkout this post - https://share.gvine.app/ScQk8GgUxJeFjxKk7

FuzzyNarwhal
FuzzyNarwhal

Is it happening across locations?? Blr office, Gurgaon office etc?

GigglyWalrus
GigglyWalrus
Gojek24mo

Employees with the base location of Bangalore are certainly impacted. Not sure about other base locations.

FluffyDumpling
FluffyDumpling

Didn't hear this. This happened in which team or PDG ?

FluffyDumpling
FluffyDumpling

This is shocking if it's true. Can anyone please double-check this news.

GigglyWalrus
GigglyWalrus
Gojek24mo

Not sure about the magnitude of impact. Merchant Payments is one of the impacted teams.

SillyCoconut
SillyCoconut

Layoff will start today after 9 am meeting,gojek and gtf employees will get affected mostly.

DerpyMuffin
DerpyMuffin

Broo wtf!! Are you joking?

FluffyDumpling
FluffyDumpling

Source ? Which teams in gojek ?

BouncyBurrito
BouncyBurrito

But markets have started recovering. Phonepe , Amazon, google , msft started hiring

SnoozyCoconut
SnoozyCoconut

All these were always hiring except amazon

MagicalBiscuit
MagicalBiscuit
Gojek24mo

We will see layoff this month at the level of November.

DerpyBurrito
DerpyBurrito
Gojek24mo

Which teams will be impacted more? Any info regarding this

FloatingPretzel
FloatingPretzel
Gojek24mo

Source??

TwirlyWaffle
TwirlyWaffle
Gojek24mo

Ahm.. Don't see anything on murz. Even checked with indonesian folks in my team and they have no clue 😲

GroovyBanana
GroovyBanana
Porter24mo

So is this just a rumour?

TwirlyWaffle
TwirlyWaffle
Gojek24mo

Mostly likely. No news from anyone in indonesia till now 😐

PerkyBurrito
PerkyBurrito

Goto stock was up by 37% yesterday, any news?

ZippyKoala
ZippyKoala

Perspective is everything. 35% upward movement looks good, but if you just change the timeline, the stock is down 61% from the time of listing

TwirlyWaffle
TwirlyWaffle
Gojek24mo

That's definitely not due to this. There is an index MSCI to which goto got added and people subscribed to it had to purchase it. Got it from murz fans

SleepyPancake
SleepyPancake
Gojek24mo

I was keeping count of our #india channel, count decreased from 1082 to 1077 since yesterday, looks like Indian folks weren't impacted that much. 🤔

SleepyPancake
SleepyPancake
Gojek24mo

It's 1041 now.

SparklyPenguin
SparklyPenguin
Gojek24mo

1037 now

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