HighRadius, a US-based software unicorn, laid off 25 probationary employees in its Bengaluru office on November 9, 2022, as part of a broader restructuring effort in India. This follows a series of abrupt terminations that began in July 2022, with a source indicating the company aims to remove up to 1,200 employees by January 2023 ahead of appraisals. The layoffs, executed in what employees describe as an insensitive manner, have sparked significant backlash. Affected staff reported being immediately escorted out, forced to submit resignations online, and given minimal severance—one month's pay for probationers. The company, operating in the enterprise software industry, faces allegations of exploiting interns and conducting mass terminations to avoid larger severance costs.
