Layoffs in Velocity ?

Heard 20% of workforce is laid off in velocity this week.

30mo ago

SquishyPanda

Microsoft

30mo

They have been targeting employees to leave by pushing them by asking them to come to office even when sick or to please the CEO. Already 30-40 core people have left and now fired the rest.

JumpyUnicorn

BYJU'S

30mo

You’re saying this for - Velocity, which gives loan for D2C brands right ? In HSR, Bangalore..

SquishyPanda

Microsoft

30mo

Yes

GoofyPretzel

G2.com

30mo

This company culture is worst. There were total approx 150 employee. Due to bad culture 30 people already put papers. And now this 20%. Founders always says they have 4 years of runway.