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Layoffs
Layoffs
on
WobblyWalrus
WobblyWalrus
22mo
by
OpenText

Layoff at Media.net

Entire team at media.net is laid off. Whole BU is laid off including analyst & senior PM's.

22mo ago
DizzyPancake
DizzyPancake
PayU
22mo

Media.net is extremely profitable. Why did they do layoffs?

SqueakyWalrus
SqueakyWalrus
Stealth
22mo

To become even more profitable 🙂

GigglyDonut
GigglyDonut
Stealth
22mo

Owned by Chinese company
Why would they spend more when they can exploit for less? 🤔

JazzyBoba
JazzyBoba
Zomato
22mo

What about the freshers joinee of 2024 ?

WobblyWalrus
WobblyWalrus
OpenText
22mo

It's happening in Product teams.

JazzyBoba
JazzyBoba
Zomato
22mo

I am about to join them through campus placement is there any worry for me ?

BubblyUnicorn
BubblyUnicorn
Stealth
22mo

Which BU ?

BubblyUnicorn
BubblyUnicorn
Stealth
22mo

I know the full form, I want to know which BU got accepted

SquishyBurrito
SquishyBurrito
Stealth
22mo

lol Infosys showing his IQ

FloatingJellybean
FloatingJellybean
Media.net
22mo

Khauf ka mahaul hai 😔

BubblyUnicorn
BubblyUnicorn
Stealth
22mo

Very unexpected, suddenly
Like when Market is about to get stable one or another company come and does layoff

SparklyPanda
SparklyPanda
PhonePe
22mo

What's the reason this is happening?

FloatingJellybean
FloatingJellybean
Media.net
22mo

Happenning accross all teams

In some team its performance based and rest are random sampling
Agencies hired to fire people

BubblyUnicorn
BubblyUnicorn
Stealth
22mo

Is Mumbai location affected? , and had tech also affected

FloatingJellybean
FloatingJellybean
Media.net
22mo

Mumbai - yes
Majorly tech and product teams were affected

DizzyHamster
DizzyHamster
Razorpay
22mo

Profitable Companies me Kyu ho ra Aisa Bhai

SqueakyWalrus
SqueakyWalrus
Stealth
22mo
Gif
TwirlyMarshmallow
TwirlyMarshmallow
Cognizant
22mo

We are all slaves.

WobblyWalrus
WobblyWalrus
OpenText
22mo

Ultimate truth

ZippyPenguin
ZippyPenguin
Stealth
22mo

This is tech or bizdev roles?

SillyBiscuit
SillyBiscuit
Samsung
22mo

What is the overall headcount at media.net india. How big is the company

SqueakyQuokka
SqueakyQuokka
Microsoft
22mo

Should be around 1500

BubblyUnicorn
BubblyUnicorn
Stealth
22mo

can you give more details about it

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