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Layoffs
Layoffs
on
MagicalLlama
MagicalLlama
Stealth

Freshworks 3rd Round of Layoff.. As per founder, worst is yet to come

https://www.moneycontrol.com/news/business/announcements/tense-atmosphere-tough-questions-at-freshworks-all-hands-as-founder-girish-mathrubootham-shares-details-of-layoffs-10321001.html/amp

26mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
JazzyBiscuit
JazzyBiscuit
Stealth26mo

i don’t think 114 is the actual number

MagicalLlama
MagicalLlama
Stealth26mo

Any idea what’s the number?

JazzyBiscuit
JazzyBiscuit
Stealth26mo

2x of that maybe

JazzyPancake
JazzyPancake
Stealth26mo

There are roles that have gotten redundant like some roles within diversity, equity, and inclusivity teams some in the content and HR side. So those roles are eliminated by the company now,” the employee quoted above said.

ZippyBoba
ZippyBoba
Stealth26mo

Wow I thought they didn't discriminate on the basis of diversity, equity and inclusion

WobblyNugget
WobblyNugget
Stealth26mo

The first layoffs are hard. Then it comes naturally for a company.

MagicalLlama
MagicalLlama
Stealth26mo

True that

DancingNoodle
DancingNoodle
Uber26mo

How much money does the company have in the bank? Was this layoff genuinely necessary or is it an excuse to fire people & profit?

WobblyNugget
WobblyNugget
Stealth26mo

Follow the herd. Everyone's doing it. So I'll also do it. Profit > Employees.

SquishyUnicorn
SquishyUnicorn
Bombay Play7mo

1.1 or 1.2 Billion dollars. They are cash flow positive.

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