The Ken Profile picture
Nov 7 7 tweets 5 min read
Another layoff season is here.

• But why does this keep happening in the first place?
• How structural is this issue?
• Who gets fired? Who gets retained?
• How do employees and employers manage this situation?

A 🧵 (1/7)

#layoffs
'Hire to grow, fire to sustain': An explainer on the layoff loop of Indian startups

Reported by @tam_arund and @RuhiKandhari

(2/7)
Replug: the-ken.com/story/hire-gro…
In the first half of 2022, nearly 10,000 people were laid off at Indian startups.

"Roles, salaries, and tenure, all become important decisions in deciding who stays and who goes", wrote @tam_arund

(3/7)
Replug: the-ken.com/story/is-your-… This graphic shows the role...
Is the employee incapable? Or is the employer heartless?

Host @shreevz explores beyond this binary in Episode 2 of our podcast, Cost To Company.

Replug | Apple Podcasts:
podcasts.apple.com/us/podcast/who…

Google Podcasts:
podcasts.google.com/feed/aHR0cHM6L…

Spotify: open.spotify.com/episode/2MsbgG…

(4/7) Quote from Tanay Pratap—CEO...
A study from Michael Page showed that 40% of the ones surveyed had been unemployed for more than six months.

@ditanyil reported on how the global layoff trend impacted Indonesia's tech talent:

(5/7)
Replug: the-ken.com/story/employee…
While the number of layoffs has not changed, how we talk about it—in 2022—has.

There is a fine line between 'victim' and 'vulnerable'. Recent stories on layoff are choosing the latter, wrote @RuhiKandhari:

(6/7)
Replug: the-ken.com/incitingincide…
There are some signals that the current layoff winter will get a lot worse.

And that it will last longer than anytime in our recent history, wrote @peegeekay in the previous edition of The Nutgraf:

(7/7)
the-ken.com/the-nutgraf/br…

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More from @TheKenWeb

Nov 6
Hustle. Flow. Markets. Rejection. Innovation.

Five interesting quotes from the latest episode of First Principles—a podcast where we interview some of the most successful leaders:

Ep 7 features Vineeta Singh (@vineetasng)—Co-founder and CEO of SUGAR Cosmetics (@trySUGAR).

🧵
On work-life balance and happiness: Quote 1:  "I feel balance, etc., are certain constructs
What does it take to thrive at an organisation like SUGAR? Quote 2:  "It takes four Hs to thrive at an organisatio
Read 7 tweets
Oct 13
Today is World Sight Day.

A short🧵on our stories covering the different aspects of the eye care sector:
"Without private equity growth hormone or venture capital steroid, LV Prasad Eye Institute treats nearly two million patients every year. How?"

When @Singh10Seema interviewed LVPEI's founder and India's most celebrated ophthalmologist, Dr GN Rao:

Link: the-ken.com/story/healthca… Images of Dr GN Rao.
The first AI-based device in healthcare can diagnose an eye disease that affects over 125 million people worldwide.

From eye images, algorithms can tell a lot about you.

@Singh10Seema on why AI aimed for the eye to enter healthcare:

Link | Free read: the-ken.com/story/human-ey…
Read 4 tweets
Oct 12
At first, ‘Fortune Soya Health’ may seem like a safe bet for refined oil.

But turn the pouch around, and it says, “The word ‘health’ is only a brand name and does not represent its true nature.”

This is just one of the many slick claims made by India's ‘healthy’ oils.

🧵(1/5)
The Indian edible-oil market was estimated to be ~Rs 1.94 lakh crore (US$24 bn) in the year ended March 2021.

Refined oils are widely used in homes and restaurants and are considered safe.

But all refined oils go through multiple ‘purification’ processes that use...

(2/5) The packaged-food and edible oil retail markets are growing
...harmful chemicals like Hexane.

Also, reusing refined oil—a fairly common practice at restaurants—produces toxic elements that may cause cancer.

A scientist told @TheKenWeb that exposure to moisture leads to the breaking up of chemical bonds of oil into TPC, that is...

(3/5)
Read 5 tweets
Sep 13
A quick search on Youtube for “Vedantu” or “Unacademy” throws up several clickbait videos, viral bloopers, reels of teachers dancing to trending songs, and more.

But why are these teachers doing everything except teaching? 🤔

The answer is alarming.

🧵(1/6)
As the COVID-induced sales boom fades into a period of slow growth and uncertain funding winter, Edtech teachers at the $3.4 billion valued Unacademy are forced to don the second hat of a salesperson 🎩

Their mandate is clear. No matter what it takes — get more students.

(2/6)
As a result, managers and social media teams dictate teachers on how to present content, do more advertising-based videos, make reels on trending topics, and pitch courses harder than before.

Relevant to academics or not, the focus is on making viral content.

(3/6)  Out of options, Unacademy forces teachers to sell courses
Read 6 tweets
Sep 12
34-year-old Adani Enterprises might not be Adani's most valuable company, but the future of Adani Group is closely tied to it.

Here is why.

A tiny thread🧵 (1/6)
The US$50 billion company is not only India's largest coal trader, but it also houses all of Adani’s new ventures—from green hydrogen to data centers. And by lending and providing debt security to its subsidiaries, Adani Enterprises is a magnanimous parent too.

But...

(2/6)
Adani Enterprises is also the second-most-leveraged company in the Adani Group.

Its net debt of over Rs 40,000 crore (US$5 billion), as of March 2022, was more than 10X its Ebitda—second only to clean-power producer Adani Green Energy Ltd.

(3/6)
Read 6 tweets
Jun 22
It is marketed as scientifically superior to the rest, customers are willing to pay 4X premium, and companies selling it claim it's suitable even for the lactose intolerant! Does A2 milk actually live up to its tall claims?

Well, not really, and here’s why.

A short🧵(1/7) The dodgy science behind India’s US$300 million A2 milk in
Customers who sign up for A2 milk, derived from indigenous cows that produce the A2 variant of the beta-casein milk protein, are willing to pay a hefty premium for the promise of pure, farm-fresh, and organic milk. On the other hand, A1 milk comes from exotic crossbreeds.

(2/7) A2 milk, which is derived from cows that produce the A2 vari
For instance, a litre of cow’s milk from the Mother Dairy brand sells for Rs 50. But Ghaziabad-based Hetha Organics prices its A2 milk at Rs 180 per litre. Hetha’s ghee derived from A2 milk is sold at Rs 5,000 per litre. And that’s 10X the cost of regular ghee.

(3/7)
Read 7 tweets

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