Back to feeds

Anonymous

Anonymous

Stealth • 11m

How can big-tech be so uncertain? They laid off 12k employees last year with a single email. Sure that 6 months of severance helps but it is still ridiculous. Sending emails at 3 am that “expect more layoffs” is such a mental trauma. Living under the fear of getting laid off is the worst. There have been great Indian leaders who risked everything to not layoff a single person in the 2000s crash. I really believe India can set better examples here. Sorry if this sounds like a rant but companies should assess their hiring needs beforehand to prevent such disasters. Pathetic.

6 replies14 likes
Replies (6)

More like this

Recommendations from Medial

Subhodeep sarkar

Stealth • 1m

Sundar Pichai, the CEO of Google, has announced that the company will be laying off 10% of its management staff. This comes amid increasing competition from other AI companies, such as ChatGPT. Pichai said that the layoffs are necessary to "streamlin

See More
0 replies1 like
Anonymous
Image Description
Image Description

😑 Bengaluru-based Unacademy has reportedly laid off another 250 employees as it aims to become a profitable edtech unicorn startup, according to media reports. An Unacademy spokesperson confirmed the layoff but did not elaborate on the number of i

See More
5 replies14 likes
1
Image Description

Jayant Mundhra

 • 

Dexter Capital Advisors • 7m

Imagine a bank hiring 500 people, and laying off way more than that next year 📛📛 It’s very very uncommon. And yet here we are! .. What has happened? -> YES BANK has laid off about 500 people with a three-month severance pay, and more layoffs mi

See More
1 replies11 likes
1
Image Description

Harsh Dwivedi

 • 

Medial • 8m

Top News of the Week: 1. Funding: - On a weekly basis, startup funding declined 28% to $222.7 million as compared to around $310 million raised during the previous week. - During the week, as many as 27 Indian startups raised nearly $222.7 millio

See More
2 replies42 likes
3
Image Description
Image Description

Anonymous Guru

Stealth • 5m

So a few months back I dived deep into the online gaming/ streaming space. I saw that as of today gamers/streamers use a plethora of apps to get their thing done. They stream using OBS , chat using discord , clip using some other AI powered apps such

See More
5 replies6 likes
1
Image Description
Image Description

Jayant Mundhra

 • 

Dexter Capital Advisors • 7d

What Zuckerburg has now announced, and what's happening in Philippines, makes clear how bad employment situation is set to get in countries like India 🙏🙏 Let me explain in depth. .. After its hiring binge during Covid, it had hit a peak employee

See More
2 replies14 likes
2
Image Description
Image Description

Harsh Dwivedi

 • 

Medial • 5d

Top News of the Day: 1. OpenAI's ChatGPT has introduced a new "tasks" feature, allowing paying users to schedule reminders and set recurring requests. 2. An independent developer is creating "Flashes," a photo-sharing app for Bluesky, built with th

See More
8 replies33 likes
6
Image Description
Image Description

Harsh Dwivedi

 • 

Medial • 8m

Top News Of the Day: 1. The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a penalty of Rs 1 crore on IPO-bound Go Digit General Insurance for inordinate delay in the filing the particulars of the joint venture agreement

See More
6 replies47 likes
4
Image Description
Image Description

Harsh Dwivedi

 • 

Medial • 9m

Top News Of the Day: 1. Electronica Finance, a provider of loans to micro, small, and medium enterprises (MSME), has raised $48 million (around INR 398 cr.) in a Series B funding round. 2. SingleInterface Bags $30 Mn (around INR 249 cr.) To Offer H

See More
4 replies29 likes
Image Description
Image Description

Medial Startup Trivia

Stealth • 7m

Cool is not so nice: VICE The Spectacular Rise and Fall of Vice Media: In the early 2010s, Vice Media was the hottest name in new media. The company behind iconic documentaries like "The Vice Guide to Travel" and cutting-edge journalism was

See More
8 replies26 likes

Download the medial app to read full posts, comements and news.