
Zest <> Phone Pe acquisition fell through. What happens to current Zest employees?
Context: https://twitter.com/chandrarsrikant/status/1641314393161109508?t=Ducvzk_DPblMmkLORjLT1A&s=19 Without runway, what happens to the current Zest employees?
Post phonepe declined to acquire Zest, following ate the scenarios at Zest :
Badly handled
The laid off section was made to give interviews with PhonePe but the roles were compete mismatches; was basically a gimmick. They’ve only offered 1 month’s salary when the notice period was 2 months.
Companies should pay severance that is atleast equal to the notice period
Context: https://twitter.com/chandrarsrikant/status/1641314393161109508?t=Ducvzk_DPblMmkLORjLT1A&s=19 Without runway, what happens to the current Zest employees?