My money was on Cloudflare to have hired them wholesale. Regardless, congratulations to everyone involved! This deal has got me thinking... whether a right way to "lay-off" a supremely talented bunch is to actually see if other companies are willing to offer them jobs? Kind of how player transfers happen in Football (soccer). Either the team goes to the newer company wholesale or you help find your engineers suitable…
In my experience, acqui-hires benefit the company far more than the employees who get moved to a different company. The first time I was acquihired, my compensation actually decreased because they kept my base salary and rewrote the bonus structure such that it was impossible to hit previous payouts. Meanwhile, my prior company received a large payment for the transfer of our team. Ironically, the new company was pay…
If you are ever in a position where you find out your current employer is looking to sell your team, and assuming you have an easy marketable skillet. it might be best to quit ASAP.