231–240 of 666 posts
Yes, this week. Throwaway account because it's not public yet. I've been active in startup land and HN > 10 years, technical founder with one exit. This cycle looks like it will be worse than 2001 or 2008.
Hopefully after this settles down a bit there will be a boom in remote work positions as so many companies will now be both setup for it and seen that it is effective.
My intuition is that layoffs will be limited to speculative ventures; i.e., startups that aren't profitable yet and/or are highly dependent on outside investment. Risk is suddenly very unattractive, which is a major turnaround from 6 months ago. I don't think tech in general is in trouble. As a whole it's probably one of the least in-trouble sectors as the world moves online. We'll just see a lot of developers shifti…
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…
Could you check-in with the new company? I'm in a similar situation and checked-in with mine, and they said they were happy to onboard me remotely, no problem.
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…
Start interviewing again. Seriously. Worst case scenario your new job works out. That's pretty good downside.
Earlier quoted context omitted.
If my new employer bails, I might consider this. But I would probably try to find a new new job before then. Also, my boss wanted me to confirm 3 times what my last day would be, because, once he put it in the system, his hands were tied. I guess the LDO (Last day of office) process is pretty streamlined to tie up all the loose ends: halting pay checks, revoking unvested RSUs, stopping medical benefits, revoking user…
Not a lawyer, but I wonder if you couldn't sue if they withdraw the offer. Seems like a case of detrimental reliance or promissory estoppel. Again, not a lawyer and surely depends on which jurisdiction you're in. Also, you could post on HN if they do withdraw the offer during this outbreak, so other people would know they suck.
I hope it works out though.
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.
Just found yesterday out that I'm being laid off at the end of the month. Sadly, I wholeheartedly believe that the owners are using the coronavirus as an excuse to close their already-failing company. The company has been in slow-motion dissolution for the better part of a year, and now they're blaming the entire thing on the virus outbreak so that they have a narrative to tell that covers up some of the mismanagemen…
In how they rationalize their failure, that is something people just do I guess.
I'm about at the end of my sabbatical and was going to start looking for a new gig soon. Worst timing ever.
Not sure what to do now.
My predictions: DISCLAIMER: I'm not a expert wrt. any of this. Don't listen to me ;=). It's all just speculation. Companies which plan to downsize since a will will do it now, using COVID19 as a excuse. Companies who have shifted some "bad consequences" into the future might now book them using COVID19 as a excuse for why they exist. Companies who are already on the last straw will end now, (Such which without COVID1…
I forgot: Small non-software companies with 1-2 People will have a large hit, and likely many insolvencies. E.g. it looks very bad for professional flea-marked trader or the small shop around the corner.