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Layoffs
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JumpyBurrito
JumpyBurrito
Stealth

Preqin lay offs

Preqin has laid off around 40% of its workforce from India today. The company has a 2 month notice period policy but affected people don't need to serve this period. They will get 2 months salary + severence packgae which is worth 2 monhs salary, so 4 monthspay in total. This company had started compulsory WFH this month.

30mo ago
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QuirkyBoba
QuirkyBoba
Porter30mo

Sorry to hear this. Thanks for sharing. Can you share the exact count of employees?

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