PerkyTaco

Swiggy SOS

Let's examine a snapshot of the Swiggy Engineering VPs' status from three months ago and compare it to their current situation.

CTO Dale departed just yesterday. Storefront - Madhu has been promoted to the role of CTO, and we are awaiting the appointment of a new VP. ATS - Ashish is currently serving his notice period. MFP - Piyush has left the company, and Soumya has taken on additional responsibilities. RNG - Nitesh is currently interviewing with other firms. DIP - Soumya is still performing well in their role. DevOps - Anurodh is in charge. Location Intelligence - Pradnya is currently serving her notice period.

One potential reason for their departure is the recent devaluation, which has resulted in an unofficial 50% reduction in the value of the ESOPs. Given the minimal salary increases, unless prompt action is taken by the remaining leadership, this ship will inevitably sink!

PS The engineers at Swiggy are aware of the alternative interpretation of SOS.

24mo ago

Talking product sense with Ridhi

9 min AI interview5 questions

MagicalHamster

Stealth24mo

Dale Vaz (CTO) left to build something of their own
Has already raised capital for their new startup

MagicalHamster

Stealth24mo

But yes, given the stakes they would have, definitely a poor signal have such people leave

TwirlyUnicorn

CleverTap24mo

I don't think Dale leaving means a problem with swiggy culture. He would've left irrespective of swiggy's culture

SquishyCupcake

Amazon24mo

yaar pehli baat to ye ki don't assume that everyone knows the meaning of those god damned abbreviations ....

GroovyBoba

X (formerly Twitter)24mo

Or who those people are....

ZestyQuokka

Hinge24mo

More of internal Swiggy gossip which obviously they can't slack xD

SwirlyNugget

Stealth24mo

Also marketing- Ashish left. Growth/product- Anuj leaving. Shitshow. All the marquee names/mentors that attracted fantastic talent are bouncing and people are NOT happy.

SwirlyNugget

Stealth24mo

Damn sad about pradnya leaving. What a great leader+brought a LOT of sanity to the team.

FluffyNugget

Swiggy24mo

Wait, Anuj Rathi is leaving ? Wtf

SquishyPotato

Freelancer24mo

Any feedback on Shivangi Srivastav and her impact. Heard she got in very easily after her failed stint at Khatabook with help of Rathi.

JumpyHamster

Stealth24mo

Yo they are good one skill, new initiatives. She will take one more

CosmicKoala

Accenture24mo

Friends. Check their Instagram stories.

FuzzyTaco

Bijnis24mo

Kaha mille gi inko salary jo swiggy mai mil rahi thi?

JumpyHamster

Stealth24mo

VC firm will fund their new companies which they will build with profit first pov

DancingNoodle

Uber24mo

Maybe Amazon google Uber

SquishyMuffin

Swiggy24mo

Satish would be the new VP of Storefront

ZestyHamster

Observe.ai24mo

Hi Satish

ZoomyMochi

Stealth23mo

Nice!

PerkyMarshmallow

Razorpay24mo

Vivek ne shuru Kiya yeh destruction Swiggy ka. These dudes just danced on it for long.

PeppySushi

Swiggy24mo

Vivek sundar? Wo toh 2021 ki baat he

PerkyMarshmallow

Razorpay24mo

Ask the oldies. They'll tell you he set em back by 3-5 years.

MagicalPickle

Zomato24mo

Then Zomato now Swiggy

JumpyHamster

Stealth24mo

Zomato founder owns soo many Ferrari, he is no different to grover.

WobblyNoodle

InMobi24mo

That's the state of whole tech industry. Huge churn and burn in this market. Just that swiggy is more severely impacted.

JumpyHamster

Stealth24mo

For people who don't get the esop context, the capital that comes last has senior preference, so the last investors gets preference to get exit untill the capital is retrieved. Employees have realised that its difficult to make $100 million in profit before they get exit.