Once again in the name of talent density, there is a 10% layoff from the company and further 10% are going to PIP. And this cycle will repeat in 6 month as stated in their mail.
Is this happening in a particular vertical (like sweet truth/faasos) or in a particular team(marketing/dev)? Have a couple of friends there so curious
So 20% in total? That is huge!
Heard that Paytm is planning to layoff 10% of entire work force. Across all levels.
Heard cases that folks who were hired at market premium less than 30 days ago are now being asked to leave the organisation.
And the layoffs will be h...
Actually, these are not layoffs. They recently changed their PIP policy and set a " at least 10%" quota for compulsor...
I got to know from a outside ( friend of company director ) they are planning for another round layoff Does anyone have any idea on this ?
Yes. I was the first casualty of the day
Absolutely! One entire floor is booked by HR for firing. Already the process has started!
They should first layoff the incompetent overpaid toxic VPs and Product Heads. Especially RD.
Which company do you work in and what is the situation of secret layoff (suddenly team members slack/teams account getting deactivated) or PIP at your company?