Checkout our indian layoff tracker for all the updates about layoffs – Indian Layoff Tracker
Confirmed Layoffs: Media.net has undergone a significant workforce reduction, with reports suggesting layoffs impacting around 30% of employees.
Reasoning Unclear: The company hasn’t issued an official statement regarding the layoffs, leaving speculation about restructuring or economic challenges as possibilities.
Impact on New Hires: Uncertainty surrounds the impact on recent graduates with job offers from Media.net. Reaching out to the company’s HR department directly is recommended.
Verified Reports of Security Escorts: While the exact reason for their presence remains unknown, verified reports indicate Media.net employed security personnel to escort laid-off employees from the building. This raises concerns about the way the layoffs were handled. This has been reported at multiple social media handles and officepulse talked to people on this finding it to be true
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