41–50 of 936 posts
Separated employees will receive 14 weeks of pay, and one more week for each year served at the company (rounding partial years up). The firm is also dropping its one-year equity cliff so that employees who are laid off with under 12 months of tenure can buy their vested options; Airbnb will also provide 12 months of health insurance through COBRA in the United States, and health care coverage through 2020 in the res…
What isn’t commonly known is that Airbnb has one of the most biased engineering hiring practices in the industry. Chinese individuals at the company regularly share interview questions through wechat groups. Preferring to hire their own. Extremely dishonest hiring culture is pervasive through engineering. Don’t believe me? Look at their engineers on LinkedIn
Also, just because maybe they have more folks from one ethnicity than most companies have on average, doesn't prove this argument.
Lastly, sites like Leetcode exist where people share questions too, I doubt that it is restricted to just one ethnicity.
Earlier quoted context omitted.
Acquisition target IMO. While AirBnb bleeds, the FANGs continue to pile up cash. Google, Facebook, and Apple all have enough cash to buy several AirBnbs rn.
Yes, but instead of buying several AirBnBs, they could instead buy dozens of smaller startups that are not operating in the hospitality industry - which is going to recover much slower than most forms of B2B or B2C.
Meanwhile, long-term prospects for AirBnb have not changed. Disease existed before COVID and will exist after COVID.
Separated employees will receive 14 weeks of pay, and one more week for each year served at the company (rounding partial years up). The firm is also dropping its one-year equity cliff so that employees who are laid off with under 12 months of tenure can buy their vested options; Airbnb will also provide 12 months of health insurance through COBRA in the United States, and health care coverage through 2020 in the res…
I can only imagine how much it sucks to be laid off and what a difficult decision it must be for Airbnb executives. To me, the severance and exit benefits do seem to strike an employee friendly tone. Kudos to the leadership to striking a good balance on keeping the business alive and doing right by their people.
Any which way these are hard decisions :(
It feels bad that this happened to one of the companies with a very good engineering culture. The stuff they have put out in the open either on GitHub or through their blogs is a testament to that. I think any company will be lucky to have these folks.
Earlier quoted context omitted.
A lot of tech is getting hit, it seems like Airbnb is more in the spotlight
Why do people consider AirBnB tech? They are a services company with a website connecting external parties. This isn't hard tech, this is marketing. Edit: It seems people are under the impression that because you have lots of technology that is required to run your company you are a technology company. I don't believe that to be true in this day and age, tire distributors probably have more technology requirements th…
Separated employees will receive 14 weeks of pay, and one more week for each year served at the company (rounding partial years up). The firm is also dropping its one-year equity cliff so that employees who are laid off with under 12 months of tenure can buy their vested options; Airbnb will also provide 12 months of health insurance through COBRA in the United States, and health care coverage through 2020 in the res…
I’m surprised they were still handing out options - don’t most later stage startups switch to RSUs? I’d hate to have to decide whether to exercise today, cliff or no cliff.
Separated employees will receive 14 weeks of pay, and one more week for each year served at the company (rounding partial years up). The firm is also dropping its one-year equity cliff so that employees who are laid off with under 12 months of tenure can buy their vested options; Airbnb will also provide 12 months of health insurance through COBRA in the United States, and health care coverage through 2020 in the res…