Heard from a friend that Axis Bank is laying off people and a lot of them are on bench
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Guys a friend working there told me Kotak Bank is going to cut approx 20 percent of the workforce across all departments. They have already started revoking offer letters. Also they will not be giving increments and bonuses. Tough times ...
Heard Zee5 has done a massive layoff and also other Zee companies doing layoffs. Better watch out everyone.
Also HDFC have done a hiring freeze. Kotak is on a hiring freeze except for engineering department. ICICI no news about hiring....
As of now 10 members laid off in consumer banking division in Hyderabad.
News of jpmc doing layoffs after Morgan Stanley last week is out. Wanted to know if any teams, departments or employees in India, Mumbai and Bangalore are affected? If anyone has any info, please share.
