Planify Speeds Up The Hiring With Other Startups Laying Off Employees
In the current market downturn, Planify is aiming to grow its team size and hire professionals from diverse sectors for its Gurugram office. The company is the market leader in the Private Equity arena, with over 270 unlisted companies trading with them and a substantial number of companies partnering with them on valuation and capital raising. The firm has witnessed 1000% growth year over year and has exceeded 150 Cr. in turnover in the current fiscal year as a consequence of many new customers wins. The company predicts a spike in the next 10-12 months, which has resulted in new job possibilities.
The company expects to hire roughly 100 additional intermediate and advanced level personnel, especially in the technology team, which includes Python developers, frontend developers, and app developers, as well as the sales stock advisory team, who will recommend and manage investor portfolios.
"The PE/VC sector is in the best phase of investment activity and demand for high quality talent across levels is increasing. We expect this year to be robust on talent churn and envisage an intense hiring activity across funds,” said Rajesh Singla,CEO of Planify.
Amrita Singh, HR manager at Planify, stated that individuals should not be demotivated since, despite the market downturn, we are hiring at various jobs and the chance is accessible for all intermediate and advanced level people at defined roles.
Companies are regularly cutting off staff at a time when the market is slowing. As of June 2022, 18 Indian firms including unicorns like Cars24, Ola, Meesho, MPL, Trell, Unacademy, and Vedantu, have laid off 9,240 people. This startup firing season will continue, according to many experts Business Insider talked to. It's a growing source of concern. Many businesses have laid-off workers for a variety of reasons, including cost-cutting, 'performance-linked layoffs,' a sluggish investment climate, or the fear of a looming recession.
