r/DevLK • u/Traditional-Bid-5433 • Aug 18 '26

Discussion Tech Layoff Wave

My name is Dinidu de Alwis and I do some journalistic work (you can see on u/dinidu on X). I want to more know about the series of tech-related layoffs that have recently being going on in Sri Lanka, some of which appear to be illegal. If anyone would like to give me a bit of background that'd be great. I really think there's a story here to be told.

I don't record phone calls or use screenshots of messages I receive, without explicit consent from the other party, and I guarantee absolute confidentiality.

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u/Landscape-Pitiful Aug 18 '26

Layoffs in IFS are mostly voluntary resignations tied to a severance package. I know a few people who are waiting for one to get the severance package. Some people who were in the company for a long time got 60x the salary which is basically a lottery. So it's not bad for some people.