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

Talking product sense with Ridhi

9 min AI interview5 questions

SillyDonut

Stealth15mo

Navi?

DizzyMarshmallow

Booking.com15mo

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

Stealth15mo

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

Stealth15mo

Why is this happening to digital lending?

GigglySushi

Stealth15mo

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

CosmicDumpling

Stealth15mo

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

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

Booking.com15mo

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

Amazon15mo

Navi is famous for toxic workculture. Ola is another one

FluffyNugget

Plivo15mo

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

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Curated from across

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by FluffyDonutSenior Product Designer

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they laid off around 30-40% of their strength.

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Finastra (Company in BFSI/Fintech space, deals with PG solutions) is conducting silent layoffs. Be careful before joining this company

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50% layoff at a Bangalore based health tech startup. Founder had no shame or guilt. Has raised funding recently but chose to fire people again. This is the third layoff in the last 1.5 years. Terrible management, declined variable pay. ...