SnoozySushi
SnoozySushi

Sprinklr revoked 150+ offers accross IITs, NITs, BITs and other tier 1 colleges.

Freshers impacted in software/product and data science profiles. Day 1 company in all colleges. Placement season is almost over everywhere and now these students are without a job just days before their joining date. No severance too unlike layoffs.

Used to pay a lot though, 30 lakhs base salary for SDEs and 15 for product analysts after taking gruelling overnight interviews.

Heard internally there struggling a lot which is reflected in their stock price which is halved from 2021 despite a bull run in US tech companies in the same period.

Note to anyone thinking of getting into sprinkr(obviously in future cause they showing middle finger now): join only if you want to work like a donkey in exchange of lots of money.

12mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
DancingHamster
DancingHamster

Calm down. A person who cracked a 30 lpa offer will do well in life regardless of whether Sprinklr is a heartless corp or not. Fuck them.

JumpyBiscuit
JumpyBiscuit

Eventually they will. Let's not dismiss the shock one gets when this happens right before your first job.

We could be a bit more empathetic towards them

DancingHamster
DancingHamster

I am trying to emphatic sir, all I am saying is fuck that company. Corporate masters at the end of the day don’t have a heart. It’s best to move on to better things. Let that company and the management rot in their misery.

PeppyPretzel
PeppyPretzel

I feel that the College placement cells should come up with a policy. If a company is a top tier company, like Day 0,1,2,etc. And they desire top talent, then they shouldn't just get away with revoking offers. Either they should pay the students the normal notice period pay or get blacklisted. I understand that companies do pay a commission to the college for every student they recruit but in all this hassle, students are the ones that are most affected. The earlier you come to recruit talent, the heavier you should pay when revoking the offers.

MagicalHamster
MagicalHamster

Sadly it won't happen in India, if any 1 college does that, they can hire from other toer 1 colleges. Indian market is oversaturated when it comes to entry level jobs.

MagicalHamster
MagicalHamster

Lot of respect for that company, I am hearing thia first time that company paid 3 month severence.

FluffyNugget
FluffyNugget
Plivo12mo

Everyone’s stock price is halved if u compare with 2021. Market is pretty bad so this is just another proof of it. Tier 1 clg folks will still be picked up by good companies. Can’t image Tier 2/3 folks situation. Unless there are more jobs paying sensible compensation for freshers <15L. Anyway, what the company did is bad but it’s not surprising tbh

SqueakyQuokka
SqueakyQuokka

Yes, imagine if it's 2x harder for tier 1 folks, then its likely 10x harder for tier 3

SnoozySushi
SnoozySushi

See MAFANG stocks, they are well above their 2021 highs.

BouncyBurrito
BouncyBurrito

Welcome to real world, shit happens but you gotta move forward

DerpyBanana
DerpyBanana
IBM12mo

Same with Devtron. Removed interns selected for intern + FTE. Denied PPO to some interns and shamelessly asked to extend it 2 months. When they refused, they said you aren't loyal to the company?? 😂🤡 Bhai tum PPO nahi doge upar se extend karoge and now you are saying no you aren't loyal?? Wow

ZoomyJellybean
ZoomyJellybean

Shameless company

JumpyPretzel
JumpyPretzel

Day1 company in all Colleges? I hadn’t even heard this name! Why do Tier1 Colleges allow such companies on Day1? Same thing had happened with Byju I think (or was it some other EdTech firm?)

JazzyBiscuit
JazzyBiscuit
Student12mo

40 base inhand dega toh kon day 1 nhi bulayega thoda dimag lga. Also this company hired regulary from at least my college so it makes sense to give them the desired slot

BouncyNarwhal
BouncyNarwhal

30 base inhand*

DizzyPancake
DizzyPancake

Top Management has exited to run their own startup. They've raised a lot too. Have heard that they're going to slash salaries from next batches

DizzyDumpling
DizzyDumpling
Turing12mo

40 sprinklr offers revoked from my college

SquishySushi
SquishySushi
Zuora12mo

Which college?

DizzyDumpling
DizzyDumpling
Turing12mo

DTU

MagicalHamster
MagicalHamster

Not just tier 1, they have revoked from all colleges.

SnoozySushi
SnoozySushi

afaik they only visit tier 1 colleges

MagicalHamster
MagicalHamster

I have a friend in tier 2(one nit) and i have heard they revoked offer from there also. So may be they have hired from other tier 2 colleges as well. And yes your statement is correct, they visit tier 1 colleges only, but this year they have visited more colleges i think.

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