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MagicalWaffle
MagicalWaffle
UKG26d

Mostly layoffs happen outside of India, they basically cut the cost and rehire cheap labour from India

PrancingMochi
PrancingMochi
EY25d

You just want to live in denial

SquishyBurrito
SquishyBurrito

No, in India as well layoffs happened and org restructuring happened already in the last 2 weeks.. its crazy!! Sadly the real truth is, now people feel that they are under real pressure about job security.

SwirlyHamster
SwirlyHamster

They need to layoff to show they are automating the role through AI. But in reality it is lot of duplicate and overhiring mostly

SillyRaccoon
SillyRaccoon

I haven't even started to earn sufficient money and now this 😔

GoofyNoodle
GoofyNoodle

And they are trying to remove the poverty from the world. But not able to pay to their employee. At the last layoff

SqueakyNoodle
SqueakyNoodle

Their philanthropy is nothing but to show off and get new customers!!

FloatingRaccoon
FloatingRaccoon

Since covid, Layoff turns into new norm😢 Id think prior layoff thing used to be that common

GigglyNoodle
GigglyNoodle

No, it wasn't that common. It has been very common these days

FloatingRaccoon
FloatingRaccoon

*Not used to

SillyQuokka
SillyQuokka
Dell25d

A lot of people are finding comfort in the fact that FAANGM employees are getting fired and their jobs are safer.

Guys,

  1. FAANGM person earns almost double to triple at most levels.

  2. Their exposure to various problems is significantly better.

  3. They have a better chance to get shortlisted and crack an interview in other org. Tag gives an edge.

  4. Their network has motivated / ambitious people around them giving more referrals...

FluffyNugget
FluffyNugget

Are teams in India impacted? What teams any idea?

JazzyMuffin
JazzyMuffin

Hey, unable to DM you but would you be able to refer me for a role at Plivo ?

MagicalPotato
MagicalPotato

Looks like mostly middle managers were targeted

BouncyBagel
BouncyBagel

It's all about CAPITALISM....... people at top of pyramid will have all the world power and money.

PeppyPenguin
PeppyPenguin

Damn. 9000 is huge

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