221–230 of 666 posts
my new company just withdrew their offer (I started in a couple weeks) and I just left my previous gig (AV startup). backend+infra full stack python/go stuff the new company's revenue went from 7 figures+ a month to 0 because of the virus and they are rightly freaking out
At the beginning of the year, I decided it was time to find a new job after 10 years with my employer. I spent February doing interview prep and conducting interviews. Back then, the COVID-19 was mostly limited to China, markets and governments weren't terribly concerned about COVID-19. I accept a job offer, put in my two weeks notice, and my last day at was last Friday. Hardly anyone was seriously concerned about CO…
I quit my job in mid January because of burnout, left London for a couple of weeks and came back this Sunday. I’m looking for remote roles exclusively. Now I’m not sure if the timing is perfect or just plain terrible:) Also, I stopped reading the news. I just don’t think refreshing Twitter every 10 min whilst self isolating can be good to your mental health.
(email in profile)
I've lost my job as an Unity game programmer 2 months ago. I've found another one working as a C#/ASP.NET core developer for a big multinational wholesale chain. I work here since a month ago. Payment is 2x better and I find Web stuff being more interesting and rewarding than game programming. Also it's less stressful and it's better to do something mainstream than working in a niche. It means more opportunities. I'v…
Hah I also learned C# doing Unity programming and now work as a "enterprise" .NET developer, it's a great path if it's one you want to take...
Earlier quoted context omitted.
Chiming in here with a bit of data on the hiring side of things. I'm the cofounder of SharpestMinds, an ISA-powered mentorship marketplace for data scientists. For all the obvious reasons, we track the hiring rates for our grads very closely and have been keeping close tabs on the pandemic's effects on the tech job market. Our observations so far: 1. Hiring in tech has definitely not gone to zero, even for the junior…
> SaaS businesses with predictable revenue streams and some degree of economic insulation from the "meatspace" economy Those are most likely lagging by a few weeks or a month. Monthly subscriptions are arguably the easiest to cut and companies are looking to cut non-essential services.
Seeing as the stock market is utterly tanking, I would be very surprised if the world didn't go into recession, and consequently, if there weren't a number of people losing their jobs in order to make the businesses lean again. This is especially true of countries like the US, where it seems very simple to fire someone.
People keep saying “recession” but that sounds like they don’t understand the implications of what’s happening to the world economy right now. “Global depression” seems like a more appropriate term but time will tell. I’m a CFO of $300M company that employees ~2200 employees. We’re out of cash in 6 weeks if our revenue continues to decline. Down 30% vs last year this week (which is good compared to most). Doing layof…
I utterly hate that option. But I'm afraid that if we don't find a medicine which can help for the 1/5th with serve syndromes we might be going there. In both the EU and the USA.
Following is somewhat a Conspiracy Theory don't take serious:
I was even wondering if some of the delays in taking measurments around some countries was not incompetence but intentional to strike a heartless ugly balance between economical impact and people dying. But then they underestimated it waited to long and now regret it.
And yes dying people do have a hard economical impact anyway, but companies being closed of over a long time can become economically worse then even 5% of the whole population dying. Mainly because we have a messed up broken economical system which is completely incapable to gracefully handle such emergency situations :(
https://www.flipdish.com/careers/
Mention HN in the application and I’ll make sure it’s prioritised.
I’m totally biased, but I think we’ve a great culture and lovely and friendly tech team who love solving problems together and getting stuff shipped.
At the beginning of the year, I decided it was time to find a new job after 10 years with my employer. I spent February doing interview prep and conducting interviews. Back then, the COVID-19 was mostly limited to China, markets and governments weren't terribly concerned about COVID-19. I accept a job offer, put in my two weeks notice, and my last day at was last Friday. Hardly anyone was seriously concerned about CO…
Earlier quoted context omitted.
Yeah, resuming business and being OK with the death toll is certainly an unpopular opinion. If you have hospitals overwhelmed because business just has to continue, business will suffer regardless. I also don't quite understand how a $300M (assuming revenue, not valuation) company can run out of cash in 6 weeks. You're saying you can't make payroll in 6 weeks at the current trajectory?
Businesses suffering usually effects investors more than employees. This is different. It all has to do with how much cash you have to weather the storm. My firms investors wanted us to be cash efficient. Meaning we don’t have much of a safety net. This is the PE mindset IMO. As CFO one may think this is my decision, but really I advise to risk and the board ultimately decides. Bigger companies who have hoarded cash…
This being common or even the norm is one of the (many) fundamental problems of our current economical system.
I was offered 6 figures as a counter offer for the first time in my career, which I turned down.
That was last week. New Zealand (where I'm from) hasn't shut down yet, but everything is so bleak, and I'm regretting turning down the offer. I start working from home tomorrow for my final 2 weeks here, and I can't help but feel regret. Being in the office was the one thing I hated, and now we don't have to do that.
Whats worse is I emailed the new job asking if we're still going ahead with me starting, and there was no reply.
I’m graduating in May, and accepted a return offer at a company I interned at last summer. I’m reeeeally nervous they’re gonna cancel that offer before September.