Get the app
Software Engineers
Software Engineers
on
FloatingPretzel
FloatingPretzel
Razorpay

Developers leaving Razorpay

Lot of Developers are leaving the company (specially frontend) because of low salaries, limited scope of work and Return to office policy. Company is silently creating an atmosphere where developers are leaving on their own.

Company is also not planning to provide any good pay raise in the upcoming appraisals.

Time to leave the company :(

19mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
FloatingBagel
FloatingBagel
Stealth19mo

How come razorpay is paying less..how much are they paying to PMs and SPMs? Isn't it one of the best startups around?

SqueakyQuokka
SqueakyQuokka
Microsoft19mo

I was told that PM 1 salary is capped at 32 LPA, all fixed.

PerkyPickle
PerkyPickle
Bimaplan19mo

They have lot of cash reserve from previous fundings and running expenses are running from their annual revenue well. But they are over optimizing cost now and now making an atmosphere where developers are leaving on their own. For Frontend Devs there’s a very little good work in few teams, rest of the FE Devs just work on non-productive tasks entire year.

Company also knows that they are not in a phase where they need top notch 45 LPA Frontend Devs where 10-20 lakhs one can do the same so they are making them to leave by putting them in PIP or not giving them raise saying macro economics blah blah.

Thing is lot of developers joined when company was not even unicorn, took risk, expecting salary will anyways increase in future but now when company is at 7.5B valuation, they realize they don’t need those good developers anymore.

PerkyDumpling
PerkyDumpling
Stealth19mo

What are the salaries like anyway considering crazy firing are you sure that's happening

DancingCoconut
DancingCoconut
Stealth19mo

One I approached them they are not ready to pay 13 l for 3 yrs experience in frontend

FluffyWaffle
FluffyWaffle
Lowe's19mo

That's too low

WobblyNoodle
WobblyNoodle
InMobi19mo

I thought razorpay is one of the better startups. 😶

SnoozyWalrus
SnoozyWalrus
Razorpay19mo

Business teams also getting no raises !!! Screwing up the culture and shitposting and pretentious branding has increased by the founders and their bunch of founding team sycophants.. While joining thought Razorpay going to be a generational company. All I see now is a regular okayish startup with no real innovation to do !!! Market's on freeze else wouldve moved out long ago !!!

DizzyPickle
DizzyPickle
Stealth19mo

How’s the culture there now?

PerkyPickle
PerkyPickle
Bimaplan19mo

Culture mostly depends on which team you are working and at which designation.
Overall now things are not that great anymore

SnoozyWalrus
SnoozyWalrus
Razorpay19mo

No L&D, No appraisals, only bs 😂

DizzyMochi
DizzyMochi
Stealth19mo

No wonder the Razorpay HR called me up yesterday and offered me a salary of max 25L for a yoe of 8! 💀The company seems to be lowballing nuts!

BubblyPotato
BubblyPotato
Google19mo

What about ESOPs? Any buybacks?

PerkyPickle
PerkyPickle
Bimaplan19mo

No!
Last year and this year, we asked at every townhall/all hands about this but they always give just a politically correct answer.

GoofyLlama
GoofyLlama
Stealth19mo

I’d recommend to interview a lot. You’re for sure going to land at a better place than razorpay. Had 3 reports of mine that joined in the last 3 year boom phase and all have left for greener pastures from the team.

It’s going to be a toxic place for a bit so recommend you leave if you’re not someone creating the toxicity.

CosmicBagel
CosmicBagel
Stealth19mo

Any idea about marketing / growth salary & culture at Razorpay?

JumpyNoodle
JumpyNoodle
Google19mo

Their payroll app is a mess. While the UI is great, functionality is bad.

Feedback from a friend who used and moved to keka now.

Discover more
Curated from across
Software Engineers
Software Engineers19mo
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