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Anonymous
•

slice • 9m

A 30M USD+ funded startup just announced salary deferment for everyone above 6LPA for the next 6 months. Bridge round has collapsed.

4 replies16 likes

Replies (4)

Anonymous 4
•

Ola • 8m

A lot of this is happening to make employees quit themselves. It's called quite quitting. Mostly a sly tactics to not attract any media attention on layoffs. Unfortunate but smart.

0 replies2 likes

Anonymous 3

Stealth • 8m

Quite common, isn't it? A lot of early and even growth stage startups who were hoping to raise in 23/24 are doing this. Prime example is Dunzo. Salaries there were deferred by 6 months+. Imagine the plight.

0 replies2 likes

Anonymous 2

Stealth • 8m

If you're anon, you can post the name, nothing wrong in it if you are stating facts.

0 replies2 likes

Anonymous 1
•

Google • 8m

Reveal the name OP!

0 replies3 likes

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