Mass layoffs bcz company is not having work - Senior Product Manager Tecstub Employee Review

2.0
2 Jan 2025
Recommend
CEO approval
Business outlook

Pros

The work environment is good.

Cons

Over the past two to three years, the company significantly increased its workforce. However, due to a lack of available projects, they are now conducting layoffs. This situation raises concerns about the company's hiring practices and its treatment of employees. It appears that the company may have overhired, leading to this unfortunate outcome. Furthermore, the decision to lay off employees during a recession, particularly those who have worked hard for the company, demonstrates a lack of consideration for their well-being. This action also contradicts the promises of growth and stability that were likely made to these employees during the hiring process.

Explore other reviews about Tecstub

1.0
30 Oct 2024
Recommend
CEO approval
Business outlook

Pros

👎👎👎 No words for pros.

Cons

I still remember September 2020. I was a fresh graduate and was searching for a job. My interview was scheduled online due to COVID-19. Kiran[CEO] had started asking me infrequent questions about the QA field where I was giving the interview on QA role. I still remember that at the final round I attended all the questions very nicely as per my fresher's level of knowledge. After that he[Kiran] asked "Will you do a job for Techstub, if we don't pay you a rupee??" I answered - "I am searching a job for money, I will leave the desk if you stop my compensation." He replied - "Hhahahaa, Well perfect." It had a 1.5 hours the interview was started and I was very frustrated. At the end he[Kiran - CEO] asked me - "Why should I hire you??" I answered smarty - "I gave you such a satisfactory answers of your questions and after such a long session of interview if you didn't recognised me then you should not waste your time after me." After my answer his ego was hurting bery well and He replied - " Okay I am done with the interview our HR will contact you soon." It's been a 4 years still I have not received call/email/message from his HR. 😂😂😂 Well, I shared my experience with the Techstub after all I got placed at reputed MNC.

5.0
29 Oct 2024
Recommend
CEO approval
Business outlook

Pros

I recently heard the heartbreaking news that the company is going to close down. This news has been very difficult to process, as I was the second employee to join the company and began my career here. Over the years, I've witnessed us grow from a small team of just 3 people to a thriving group of 50 employees. Each milestone we achieved was a collective victory, and the bonds we formed here became like family. This company wasn’t just a job; it was my foundation, a place where I learned, grew, and connected. It's incredibly hard to imagine the end of something that meant so much to so many of us.

Cons

While Tecstub has offered numerous learning opportunities, there have also been ongoing challenges that have impacted the overall work environment. A significant issue has been the inconsistency in performance appraisals, which are often delayed or not conducted on time. This lack of timely recognition has affected morale, as many employees feel their hard work and contributions are overlooked, leading to frustration and decreased motivation over time. Communication gaps, especially regarding company goals and individual progress, have also been a point of concern. Without clear, regular feedback, it's been challenging to align with the company's objectives and feel truly valued within the organization. These factors, combined with a lack of structured growth opportunities, have made it difficult for employees to see a clear path forward, which is essential for career development.

2
See reviews by: Helpful|Rating|Date|All