SqueakyPickle
SqueakyPickle

Confirmed - Rapido layoff | 200 employees

Rapido will be laying off from all departments in next 1-2 months due to not able to achieve EBITDA +ve.

Laying off Funda is totally unacceptable.

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26mo ago
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SqueakyPickle
SqueakyPickle
Google26mo

Company invested amount in ATL. Now they have not fund to keep employees.

GoofyDonut
GoofyDonut

Well how else is it going to pay record profits to “shareholders”

FluffyNugget
FluffyNugget
Swiggy26mo

What’s ATL

PerkyCupcake
PerkyCupcake

Not true

SqueakyPickle
SqueakyPickle
Google26mo

"Will" in "1-2 month" fyi

GigglyNarwhal
GigglyNarwhal

Sauce?

WigglyNoodle
WigglyNoodle
Rapido19mo

@TastyBall45 any updates

SqueakyPickle
SqueakyPickle
Google17mo
SqueakyPickle
SqueakyPickle
Google26mo

@all : approx 100 FOS and 17 on roll employees fired last month in Rapido.

FluffyTaco
FluffyTaco
GigglyDumpling
GigglyDumpling

What is the source of your information?

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Curated from across
Layoffs
by SqueakyPickleProgram Manager

Rapido indirectly doing layoffs

In this IT recession, where Rapido and many other organization hired IT employee at 5x-10x salary and now they are not able to pay because they are not growing. Due to which other teams like Marketing, Operations, Sales, Finance all are ...

Layoffs
by SqueakyCupcakeRapido

Rapido layoffs

Apparently there was a decision to layoff 20% of workforce which was revoked at last minute by leadership. Good sign or not? Could signal lack of forethought among those at top. What do you guys think?

Software Engineers
by PerkyDumplingAngel One

Simpl Layoffs

Everyone is informed today about 80% tmrw morning. Joined week back. Please refer if possible.

I can vouch for quality of my work. Looking for SDE/SE role. I can share further details.

Layoffs
by SnoozyRaccoonProduct Management

Layoffs

Cars24 doing layoffs 🥲🥲🥲🥲 Need referral now