Swiggy lays off 380 in emergency townhall
1-on-1s getting scheduled by end of day, 3-month severance, just announced.
Talking product sense with Ridhi
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Afaik, the least performed ones in a team is laid off , also those departments who had less utilisation .
If you work in a very high performing team and u were like above average performer , chances are u had to face an unfair exit.
The layoff doesn’t seem like random , one of my close connection works here
380 with future rounds of layoffs possible, overhiring is the reason, generic ceo and hr statement, 3 months severance, all access revoked today
Once you have info, can u please confirm the severance package. 3 months x in-hand salary or 3 x basic pay
In hand salary. It’s notice period (2 months for engineering) + 2 weeks * tenure years, with a minimum of 3 months in total. The leave encashment is based on basic pay.
Is this now a FOMO that needs to be done this week only or what