What to do if company is asking me to resign?

Go through your employment agreement or offer letter first to see what are the conditions for resigning vs getting laid off. Is there a severance?

Just resign. What else you can do?

Just resign bro. No point in negotiations. If you are posting this, your mananger prolly doesn't support you, if they do you might get a chance. Navi has an amazing hire and fire culture. Make sure they don't mess your release letter and move on.

Is this happening at NAVI?

Resign. Till resignation don't work

they dont "ask" you... They "tell"

Resign and find a new opportunity. You can't do anything if they don't want to you.