#StartupWithMC | While the #layoff count in well-funded tech #startups has crossed 5,000 since Feb, industry insiders say that the number could be anywhere between 9,000 to 10,000 if smaller startups are included.
Deepsekhar Choudhury tells us more 👇
https://www.moneycontrol.com/news/business/startup/techies-may-escape-the-axe-in-tech-layoff-season-8588001.html?utm_source=telegram&utm_medium=social
Deepsekhar Choudhury tells us more 👇
https://www.moneycontrol.com/news/business/startup/techies-may-escape-the-axe-in-tech-layoff-season-8588001.html?utm_source=telegram&utm_medium=social
Moneycontrol
Techies may escape the axe in tech layoff season
Whenever there is a downturn, the very first cost reduction happens with teams that are responsible for growth, engineering, product and design functions are the last functions to get impacted, said an expert.
"We just had to #layoff a few of our #employees. I've seen a lot of #layoffs over the last few weeks on #LinkedIn. Most of those are due to the #economy, or whatever other reason. Ours? My fault," #BradenWallake wrote.
Read at 👇
https://bit.ly/3Qfv64J
Read at 👇
https://bit.ly/3Qfv64J
Moneycontrol
'We had to lay off employees and it was my fault': CEO shares 'vulnerable' confession
Explaining why he chose to make a public announcement, CEO Braden Wallake said, "I just want people to see, that not every CEO out there is cold-hearted and doesn't care when he/she have to lay people off."
Global #technology giants are on a #layoff spree globally. #IT firms are freezing hiring or downsizing in the face of sluggish consumer spending, higher interest rates and surging inflation worldwide.
Read how global tech layoffs are impacting Indians 👇
https://bit.ly/3tsYs5S
Read how global tech layoffs are impacting Indians 👇
https://bit.ly/3tsYs5S
Moneycontrol
Twitter, Meta, Accenture on sacking spree: How global tech layoffs are impacting Indians
Layoffs across Cognizant India and Accenture India came in light after several cases of forged documents and fake experience letters surfaced
In his recent letter to #Meta employees when #MarkZuckerberg announced a fresh #layoff of about 10,000 staff, the CEO also highlighted employees who worked from the office fared better than those who WFH.
Read at 👇
https://bit.ly/3JQ8ze9
Read at 👇
https://bit.ly/3JQ8ze9