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Layoffs
Layoffs
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DizzyMochi
DizzyMochi
Laid-off

Layoffs at pinelabs

One of my batchmates got laid off . Wasn’t expecting this. I thought they were doing well

22mo ago
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FluffyNugget
FluffyNugget
Plivo22mo

Is it just him or are there more? 1-2 instances can be just perf. based

DizzyMochi
DizzyMochi
Laid-off22mo

Business, marketing, sales, design, tech

CosmicDumpling
CosmicDumpling
Stealth22mo

If it is a performance based layoff, it really isn’t Layoffs.

DizzyMochi
DizzyMochi
Laid-off22mo

Product, engg and design was affected. Except the leadership, most of yhe people were laid off

TwirlyBurrito
TwirlyBurrito
Razorpay13mo

@MightyLazyGeekStar how do you decide that? they dont have framework....only bootlickers survive.

CosmicDumpling
CosmicDumpling
Stealth22mo

https://entrackr.com/2023/12/pine-labs-nears-rs-1600-cr-revenue-in-fy23-with-sound-economics/
Sound economics last year. Guess they aren’t expecting much growth so want to trim employee costs instead

SillyMochi
SillyMochi
Stealth22mo

☝️🤟

GroovyDonut
GroovyDonut
Stealth22mo

What! . I havent heard of this. Cant comment if its true.

TwirlyBurrito
TwirlyBurrito
Razorpay13mo

they keep firing constantly using tactics and give favor to people. There are people from 10 years with no knowledge.

PIP on manager discretion and making girlfriends boy friends in office is their favorite.

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