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News on Medial
I got laid off from my dream job at LinkedIn. 6 months later, I got an offer from Google for almost double the salary.
Business Insider
·
1y ago
Medial
Mariana Kobayashi was unexpectedly laid off from her dream job at LinkedIn in May 2023. Despite the initial shock, she turned the situation into an opportunity and embarked on a six-month travel journey. Eventually, she landed a higher-paying job at Google and reflected on not attaching her self-worth to her job and being more prepared for economic uncertainties. Mariana advises others who experience layoffs to see it as a chance for personal and professional growth.
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My mind is at about 85%: Zerodha CEO Nithin on life after stroke
Inshorts
·
4m ago
Medial
Zerodha Co-founder and CEO Nithin Kamath, who almost 14 months ago suffered a stroke, on Sunday shared an update on his recovery journey. "So, yeah, fourteen months after...stroke, my body is almost back to normal, and my mind is at about 85%," he said. "My writing hasn’t improved...Maybe because I don’t practise enough. My speech is, well…about 85%," he added.
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I was available 24x7, HR told me to resign immediately: BYJU'S ex-employee
Inshorts
·
2y ago
Medial
After being laid off by BYJU'S, a former employee took to LinkedIn to express their confusion, stating, "I am uncertain where I went wrong...I never adhered to the 10-8 work culture." Despite being available for work around the clock, the individual claimed that the company's HR instructed them to resign without delay. Reports indicate that BYJU'S has initiated layoffs across various departments.
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'My startup got funded,' Bengaluru intern texts boss and quits; boss shares chat
Inshorts
·
11m ago
Medial
Flexiple's CEO Karthik Sridharan shared a screenshot of the conversation he had with an intern who quit the company. "This only happens in Bangalore," Sridharan posted on X as he shared their chat. "I took a leave because I had a meeting with a VC. My AI startup got funded. I don't need the internship anymore," the intern texted Sridharan.
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'Team change karalo...': Redditor reveals managers reaction after he refused working 12 hours for meagre Rs 3.8 LPA package
Business Today
·
5m ago
Medial
A Reddit post went viral after a user shared a manager's demands for long work hours despite offering a salary of 3.8 lakhs per annum. The post initially misled readers by stating the salary as 3.8 lakhs per month, later corrected. Redditors advised the user to find a better job if financially feasible, while critiquing the toxic work culture in North Indian workplaces marked by long hours, hierarchical dynamics, and outdated titles.
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B'luru techie fired by boss via text after 2.5 months at startup, says 'feeling lost'
Inshorts
·
8m ago
Medial
A techie who joined a Bengaluru startup as a fresher with 6 months of internship experience was fired after 2.5 months by his boss via a text message. "I started as a frontend developer...But soon...70% of my work was backend-related...I encountered errors I couldn't solve," the techie posted on Reddit. "This has left me feeling lost," the techie added.
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Wipro to hand out an average 8% salary hike to its top performers this year
Livemint
·
10m ago
Medial
Wipro Ltd, India's fourth-largest IT services firm, will implement salary hikes for employees starting September. Top performers can expect an average salary increase of around 8%, surpassing last year's average increment of about 6%. Approximately 75% of Wipro's 200,000 offshore employees could receive an 8% hike, while those working at client locations may receive a 3% increase. The salary increments were initially delayed but are set to reflect in the October payroll along with September arrears. Wipro's move follows Tata Consultancy Services' announcement of double-digit wage hikes for high performers and average hikes of 4.5-7%.
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Coimbatore AI startup gives ₹14 crore bonus to employees
Inshorts
·
6m ago
Medial
AI startup Kovai.co is distributing a $1.62-million (over ₹14 crore) bonus to around 140 employees. "Three years ago I told my employees - stay with us for three years and I'll give you six months of your salary as a bonus," Founder Saravana Kumar said. The London-headquartered startup, with a development centre in Tamil Nadu's Coimbatore, provides business-to-business SaaS solutions.
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Startup made me intern as I got 10 GPA in IIT-M: Perplexity AI CEO Aravind
Inshorts
·
1y ago
Medial
Perplexity AI CEO Aravind Srinivas said his interest in AI started in 2014 when he interned with a startup in Bengaluru. "They took me because I got a 10...GPA in...my second year at IIT Madras and...that was...rare," he stated. He added that he developed a system for the startup by reading a paper and finished the internship within a month.
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Aakash CEO and MD Deepak Mahrotra stepping down
Entrackr
·
6d ago
Medial
Deepak Mehrotra, the Managing Director and CEO of Aakash Educational Services Limited, is resigning from his position, sources aware of the development told Entrackr. Mehrotra’s exit comes 16 months after he was appointed in April 2024. According to sources, Mehrotra has submitted his resignation and is serving his notice period. While there is no official statement from Mehrotra, his recent LinkedIn post said, “Each of the last 481 days of the rebuild journey has extracted every ounce of my energy every day but has been gratifying. I traveled extensively, meeting employees from almost 70 branches to understand their aspirations and build trust. We've focused on reinforcing belief and confidence in leadership, crafting new business models, and accelerating technology adoption." Mehrotra joined Aakash with a mandate to steer the company through its Aakash 2.0 strategy, which focuses on business model transformation, role consolidation, and aggressive talent hiring. The company also went through layoffs in September, letting go of 80 to 100 employees, which was the first major round of job cuts since Byju’s acquired the company for nearly $1 billion in 2021. Last year, Entrackr exclusively reported that Mehrotra would receive an annual salary of Rs 5 crore starting from the last fiscal year (FY25). Aakash also allotted employee stock ownership plan (ESOPs) worth Rs 25 crore to Mehrotra, which can vest equally over four years starting from April 2025. This leadership change surfaces amid ongoing tussle within AESL, where the founding Chaudhry family has resisted full integration. In March last year, both companies withdrew their merger petition to operate independently under the Think and Learn brand. Aakash has yet to file its annual report for FY24 and FY25.
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Didn't get day 0 job myself: Ola CEO Bhavish on returning to IIT-B for hiring
Money Control
·
1y ago
Medial
Ola CEO Bhavish Aggarwal returned to his alma mater, IIT Bombay, for campus recruitment on Friday. "Will also be at IIT-B tomorrow morning 3 am to hire day 0 from my college when I didn't get a day 0 job myself," he wrote on X on November 30. Day Zero refers to the first day of campus recruitments at IITs.
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