QuirkyMarshmallow
QuirkyMarshmallow

Another Mass Layoff on the cards...

Hearing another mass layoffs on the cards at a fintech startup that is into lending, insurance and mutual funds in Bengaluru, which had laid off about 20% in June last year !

15mo ago
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SillyDonut
SillyDonut

Navi?

DizzyMarshmallow
DizzyMarshmallow

Yes it was on the cards when I was there.... They were planning to do it in the dec cycle. "Winter is coming" was a common thing to hear on lunch breaks 😔

SparklyPickle
SparklyPickle

Lending is going downhill across the board. Just reflective of the where the rates are. Any and every business that calls lending a major business line, will lay off.

GigglySushi
GigglySushi

Why is this happening to digital lending?

GigglySushi
GigglySushi

I heard Navi work environ. Is like a political party. Too much backstabbing and bootlicking

CosmicDumpling
CosmicDumpling

Don’t think anything is improving till June or even end of the year

FuzzyPickle
FuzzyPickle
Amazon15mo

Navi = N.eglecting A.countability, V.eering into I.nequity -
a toxic workplace scenario where office politics overshadow merit, fostering an unhealthy environment detrimental to employee well-being and overall productivity.

DizzyMarshmallow
DizzyMarshmallow

I've left navi a while ago and have not been able to post my review on Glassdoor since... It automatically gets rejected somehow

FuzzyMochi
FuzzyMochi
Amazon15mo

Navi is famous for toxic workculture. Ola is another one

FluffyNugget
FluffyNugget
Plivo15mo

Idk why would anyone draw attention announcing layoff. Everyone is doing it silently

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