[India] Reneging signed offer with joining 2 weeks away

Walmart
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Go to company page Walmart

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Jul 14, 2021 33 Comments

So 20-25 days into signing an offer with company A post rigorous negotiation, I got to interview with company B. I informed them upfront about the signed offer, and they expedited the process.
Wasn't really expecting to crack the interview, just took the rounds up with nothing-to-lose mindset, but I did want to try the process as it's a good company with solid people. Incidentally I've ended up with an offer from B, that beats A's offer by 60+%
Apart from TC, B is a fast growing late stage, Pre IPO start up company, while A is a more stable (and with lower growth), public company. Both are good companies, with a decent name in the industry (I apologize, can't disclose the names here, please DM for details).
But given the TC difference, I can not refuse B's offer and want to go with them. But that would mean reneging on A's offer which was made 40 days back(thanks to 60 days notice period norm in India), and risk of burning bridges with the A HM (who seemed really nice) and/or recruiter, plus possible blacklisting.

I don't think A can match the new offer that too this late post accepting. If I were to renege A, which I mostly am, would it be wise to tell them I interviewed with B post accepting their offer? Any suggestions for me, so I can avoid burning bridges with A?

Thanks a lot in advance for your suggestions!

New offer TC: 60+ LPA range, 3 YoE

#Amazon #Google #Uber #Rubrik #Microsoft #Linkedin #Apple #Twilio #Nutanix #Salesforce #Cohesity #Airbnb #Stripe #Coinbase #faang #India

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TOP 33 Comments
  • Apple
    pastaslot

    Go to company page Apple

    pastaslot
    Tell them you have an offer that would be stupid to pass up, give them a chance to match if they can, but let them know respectfully that given your current situation, you won't be able to join.
    Always do what's best for you, getting competing offers while serving notice period is very common imo and you won't burn any bridges, just inform them asap
    Jul 14, 2021 3
    • Apple
      pastaslot

      Go to company page Apple

      pastaslot
      Don't need to give so much detail, pre/post signing isn't important, just tell them you have such and such offer, if you feel they can match and you want to join them.
      If not, just be generic and say you found another opportunity that aligns better with your goals etc etc and leave it at that
      Jul 14, 2021
    • Walmart
      bdwik46&#

      Go to company page Walmart

      bdwik46&#
      OP
      Thank you
      Jul 14, 2021
  • Amazon
    JefBezo

    Go to company page Amazon

    JefBezo
    You can just politely say you've decided to pursue some other opportunities, that should be enough.
    Jul 14, 2021 5
  • Hey OP, any update on what did you finally do ?
    Jul 19, 2021 2
    • Walmart
      bdwik46&#

      Go to company page Walmart

      bdwik46&#
      OP
      Update is that I tried to push A to their best possible, they tried their best too, yet the minimal TC differential(since B is Pre IPO) stood at 10-12 LPA, which I felt is too much to leave on table. I politely told them how much I liked their team, but can't refuse the other offer, and tried to move on. But now the team lead is trying to kinda guilt trip me into thinking TC difference is not everything.
      Jul 20, 2021
    • Ohh, 10-12 lpa is definitely a lot of money.
      Jul 20, 2021
  • Rubrik
    maverick_4

    Go to company page Rubrik

    maverick_4
    Tell them you have an offer, and if they want to match it.
    Just be polite doing that.
    Jul 14, 2021 5
  • Cadence
    wazzzup

    Go to company page Cadence

    wazzzup
    would you join A if they match the salary? If yes, you should try to reneg otherwise just say sorry and move on with B.
    There's no point in reneging if you wish to join B anyways.
    a
    I'm sure if you tell A your current situation they'll understand. companies go through this almost everyday
    Jul 14, 2021 2