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Layoffs
Layoffs
on
WobblyWalrus
WobblyWalrus
OpenText

Layoff at Media.net

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

19mo ago
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DizzyPancake
DizzyPancake
PayU19mo

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

SqueakyWalrus
SqueakyWalrus
Stealth19mo

To become even more profitable 🙂

GigglyDonut
GigglyDonut
Stealth19mo

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

JazzyBoba
JazzyBoba
Zomato19mo

What about the freshers joinee of 2024 ?

WobblyWalrus
WobblyWalrus
OpenText19mo

It's happening in Product teams.

JazzyBoba
JazzyBoba
Zomato19mo

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

BubblyUnicorn
BubblyUnicorn
Stealth19mo

Which BU ?

BubblyUnicorn
BubblyUnicorn
Stealth19mo

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

SquishyBurrito
SquishyBurrito
Stealth19mo

lol Infosys showing his IQ

FloatingJellybean
FloatingJellybean
Media.net19mo

Khauf ka mahaul hai 😔

BubblyUnicorn
BubblyUnicorn
Stealth19mo

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

SparklyPanda
SparklyPanda
PhonePe19mo

What's the reason this is happening?

FloatingJellybean
FloatingJellybean
Media.net19mo

Happenning accross all teams

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

BubblyUnicorn
BubblyUnicorn
Stealth19mo

Is Mumbai location affected? , and had tech also affected

FloatingJellybean
FloatingJellybean
Media.net19mo

Mumbai - yes
Majorly tech and product teams were affected

DizzyHamster
DizzyHamster
Razorpay19mo

Profitable Companies me Kyu ho ra Aisa Bhai

SqueakyWalrus
SqueakyWalrus
Stealth19mo
Gif
TwirlyMarshmallow
TwirlyMarshmallow
Cognizant19mo

We are all slaves.

WobblyWalrus
WobblyWalrus
OpenText19mo

Ultimate truth

ZippyPenguin
ZippyPenguin
Stealth19mo

This is tech or bizdev roles?

SillyBiscuit
SillyBiscuit
Samsung19mo

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

SqueakyQuokka
SqueakyQuokka
Microsoft19mo

Should be around 1500

BubblyUnicorn
BubblyUnicorn
Stealth19mo

can you give more details about it

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