Thoughtworks is going private again. Will it have any impact internally?

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Posting as :
works at
You are currently posting as works at

I hope at least there will not be a market pressure and freedom like before to make an impact

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another 6% to 7% layoffs by 31 Oct 2024.
Mentioned here
https://investors.thoughtworks.com/news-releases/news-release-details/thoughtworks-be-taken-private-apax-funds-440-share

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Post Photo

Apax is such cruel guys .. they gave us at high valuations and told you can’t sell and now that stock is slowly getting good they are saying you can’t hold .. and taking it back forcefully

likefunny

Yes, they are planning on selling it to a larger org.

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As in accenture ?? Heard few rumours floating around

funny

another 6% to 7% layoffs by 31 Oct 2024.
Mentioned here
https://investors.thoughtworks.com/news-releases/news-release-details/thoughtworks-be-taken-private-apax-funds-440-share

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private means??

Currently TW is a publicly traded company. Apax funds is planning to buy all the shares and make it a private company again

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Anyways we can keep shares with us ?

No

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Additional Posts in Thoughtworks India

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Hey Peeps, I got an offer from Thoughtworks. I heard that you get some stocks too. But the offer letter does not mention it. HR confirmed it though that there would be a separate communication regarding the same. I have 7.5 YOE and joining as Senior consultant QA. How much stocks value can i expect to get?

How difficult is it to switch projects internally in TW? Is there any said amount of time you should be in a project before you can switch?

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Hi ppl,
I heard that for hike, promotion input about performance is taken from TL and teammates and Lumos plays only a very minute role in it. Is this true?

Hi Bowlers, I need some suggestions in choosing between ZS Associates and Thoughtworks
ZS - 15l fixed
TW - 18l fixed
Please help me out with your points considering Job security and learning opportunities.
Ihave 5 years of experience as an SDET.

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Why recently thoughtsworks are hiring women mostly for graduate developer role ??

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Hi folks. Going to join Thoughtworks as a senior consultant soon.

Want to ask so they give any goodies to new joinee? Or even to existing employees? If yes, what do they give? Excited to know these little details.

Yoe : 8
Ctc: 29

Hi TWKs

Has there been a cultural shift or any other negative changes in Thoughtworks after bein acquired by Apax partner

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I recently joined TW some months back and I dont know why I think have made a wrong choice for myself. I am feeling like I am lost. I am not able to fit in in this high expectations environment. I am used to working in a place where we always worked by taking help from others and here it is sort of assumed that we would be knowing everything right from day 1. Also there is no pairing in my project. Any suggestions on what should be done would be welcome.

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Persistent Systems Limited Hello fishes, Please suggest which one is best in terms of WLB, Job security and carrier growth. 1. Hitachi Vantara 2. Rakuten India 3. Persistent systems limited 4.Neudesic LLC 5. Thoughtworks
6.Publicis Sapient

Not received offer so far. All the above in pipeline please suggest me how much can expect.

Tech stack: Dot. Net Full stack developer, 7+ exp Please provide some insight about the company suggest by you.

CTC: 15 LPA fixed

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Hello fishes! I have received my laptop won't i receive any other accessories with it like laptop bag, headphones along with it..(any joining kit?)

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Is all the development work in Thoughtworks done in pairs.Is code pairing just for interviews or its followed in all the projects too?

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Hi Thoughtworkers! Hope all well.
In Thoughtworks offer letter there is no mention of Stocks and joining Bonus. Can someone give insights about it including figure?

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Hi All, I am 11 yoe, working at a medium sized product company and I got an offer from Thoughtworks (50% hike) for a Lead Consultant role in data engineer profile.

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Please suggest

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Any thoughtworkers with 5 years of experience in Full Stack Development? How much does thoughtworks pay in average for 5 YOE?

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Which company is good to join ?

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How's the hike folks !!

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How much will I get from 1.5L benefits provided in CTC from Thoughtworks if I don’t reimburse anything?
Liked fixed in a year?

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Hi Folks, I have recently joined Thoughtworks as applicable developer consultant. Currently I am having 2.7 year of experience. Just curious to know following information 1. Hike cycle and average hike percentage 2. Criteria for promotion to senior consultant 3. Average Hike percentage during promotion

Thank in advance for the reply ☺️

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How to get a Biotech job in abroad?? Experience is needed?? Am 2017 passed out student is there any sponsorship??

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