QuirkyJellybean
QuirkyJellybean

Wtf is happening at sharechat?

Hearing that people are getting laid off over emails.

29mo ago
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CosmicNoodle
CosmicNoodle
Swiggy29mo

20% laid off. See Ceo’s linked in post

SparklyPancake
SparklyPancake

Overall its 27% bro. Remember he said 20% FTE

DancingPancake
DancingPancake

600 FTEs were let go.

BouncyBiscuit
BouncyBiscuit

Does anyone actually use Sharechat? Most people heard of this when they saw the firing news. And apparently they were paying astronomical salaries.

DizzyDonut
DizzyDonut

Sorry that it's happening.

BubblyDonut
BubblyDonut

Sorry to those affected

MagicalMochi
MagicalMochi

Which roles were affected?

GroovyBoba
GroovyBoba

Can anyone from wannabe tiktok confirm its true? Till 3 months ago they were hiring like crazy

SquishyHamster
SquishyHamster
Loco29mo

Layoffs

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Curated from across
Layoffs
by SquishyKoalaSoftware Engineer

20% layoff at ShareChat

This morning, ShareChat laid off twenty percent of it's entire staff. The laid off employees were locked out of their system and received the communication of their lay off in their personal email. This is the biggest layoff by ShareChat...

Layoffs
by DancingPancakeChannel Sales

Layoffs at Sharechat.

Layoffs are happening at Sharechat starting today. Each division is being asked to join a call and they are being announced. First call with product org - around 50 folks were impacted

Top comments
user

They moved to a new massive swanky Office 3 months ago. Team parities were happening even last week. And they do this...

user

50 only in tech and product. Apparently the plan is to let go of 15% to 20% workforce!

user

Why the fuck is it even valued at >1B dollars?