Get the app
Software Engineers
Software Engineers
on
GroovyBanana
GroovyBanana
Goldman Sachs

Confused with Firing & Hiring

Hi All, As we have seen many startups are firing highly paid engineers and hiring for the same post with way less salaries. Is it only happening because the market is bad?

Are these salaries going to be the new normal for engineers? Given that people are ready to take jobs even with less salaries.

I wanted to know your thoughts.

18mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
No comments yet

You're early. There are no comments yet.

Be the first to comment.

Discover more
Curated from across
Software Engineers
Software Engineers21mo
by FloatingPretzelSoftware Developer

Razorpay is too smart!

The company did around 10-15% silent layoffs in the last cycle by putting people in PIP. My Manager told me that he has pressure on him to put at least 1 or 2 people in PIP, make them leave the company and reduce costs.

Later, the c...

Top comments
user

Good thing. Anyways their frontend devs and PMs were doing everything on Twitter except tech.

user

Smart move by Razor pay, that’s why I love them

user

Same for Swiggy. Cost cutting, no increments,hiring interns and temps instead of sdes

Layoffs
Layoffs23mo
by SwirlyPickleProduct Management

What's wrong with salaries

Hiring for a bunch of roles for an early stage startup. Salaries of people who have been laid off is through the roof

2-3 years experience asking for 30-40l and while we chose not to judge the experience and spoke to a few of them, mo...

Top comments
user

30-40L for 2-3 years of experience is something you should be willing to pay for only exceptional talent. Exceptional...

user

There's absolutely nothing wrong with salaries. What's wrong is, your inability to filter candidates based on y...

user

"Won't pay 30L" but expect you to work 12-14 hours. Along with the money the work hours also inflated during COVID so...

Layoffs
Layoffs18mo
by SqueakyJellybeanConsultant

Unemployed and Depressed

I have been unemployed for the past 6 months and have been rejected in a dozen of interviews. How can i get my confidence back?

Top comment
user

I have done by Engineering from IIT Delhi and I have a total 8 years of work experience in data analytics and product...

Software Engineers
Software Engineers18mo
by SqueakyPickleGoogle

Do you agree?

Post image
Top comments
user

The storm is not AI. It's the uncountable number of fresh graduates standing behind you to do the same job. But...

user

Go to this person’s twitter feed, read their other tweets, and then decide how much you wanna value their opinion (I ...

user

Bengaluru real-estate if this happens 📉