Layoffs
on
GroovyUnicorn
ZestMoney layoff scenario
Post phonepe declined to acquire Zest, following ate the scenarios at Zest :
- 33% employees laid off
- 33% employees were hired at Phonepe
- 33% employees have jobs at Zest but they are thinking Zest to be a sinking ship so might move away.
31mo ago
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BubblyMarshmallow
Stealth31mo
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.
GroovyBoba
Companies should pay severance that is atleast equal to the notice period
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