Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

OneTrust lays off 25% Workforce

layoffstracker.com

Post reply on HN
Print view View original

21–30 of 109 posts

Re: OneTrust lays off 25% Workforce

#21

Post by fasteddie31003 »

cupofpython wrote: post #18
fasteddie31003 wrote: post #12

The job market for developers right now is tough. My last time interviewing I was 2 offers for 4 interviews. I started looking for a job a month ago and I've gotten 0 offers for probably 10 interviews. It's my first time interviewing over virtual meetings, maybe that's it, but I think it's the general job market. My last feedback was "TL;DR - The general agreement was that you can code, and likely code well. However,…

are the 2/4 and 0/10 interviews the same level of work? Or are you applying to higher level positions now?

I'm was looking at senior levels both times.

Re: OneTrust lays off 25% Workforce

#22

Post by TuringNYC »

culpable_pickle wrote: post #5
roansh wrote: post #3

I wonder how many of layoffs that have happened, the ones coming are actually needed financially. For example: I suspect a lot of companies took the opportunity of the first covid lockdowns to fire some people? Nothing against it since every company is just improving its chances of survival, just thinking out loud about the reasons they share publicly. Also, of course there would be some whose survival was in good sh…

Founded in 2016. Raised 926 million dollars. On track for record profits this year. Yeah, IMHO this was just an excuse to slim down the fat. Better returns for investors and better position to swoop in and grab other businesses that can no longer get funding. Shrewd but heartless IMHO.

More likely: Worried about runway given difficultly of raising capital, cutting down to ensure burn-rate assumes capital isnt raised.

Re: OneTrust lays off 25% Workforce

#23

Post by PheonixPharts »

parkingrift wrote: post #6
roansh wrote: post #3

I wonder how many of layoffs that have happened, the ones coming are actually needed financially. For example: I suspect a lot of companies took the opportunity of the first covid lockdowns to fire some people? Nothing against it since every company is just improving its chances of survival, just thinking out loud about the reasons they share publicly. Also, of course there would be some whose survival was in good sh…

Scale up rapidly and then mass fire the bottom 10-25% of performers. This is a well known tactic.

> bottom 10-25% of performers

I've been around awhile and seen plenty of layoffs, layoffs are almost never about performance at the individual level.

It's nice to believe they are because in times like these thinking to yourself "I'm a least in the top half of performers" can give the illusion that you're safe. However, this thinking is ultimately harmful because when you or your friends and colleagues do get laid off you will continue this thinking and considering it a valuation of your self worth, or the worth of colleagues you respect.

Re: OneTrust lays off 25% Workforce

#25

Post by bin_bash »

fasteddie31003 wrote: post #12

The job market for developers right now is tough. My last time interviewing I was 2 offers for 4 interviews. I started looking for a job a month ago and I've gotten 0 offers for probably 10 interviews. It's my first time interviewing over virtual meetings, maybe that's it, but I think it's the general job market. My last feedback was "TL;DR - The general agreement was that you can code, and likely code well. However,…

If the market was really tough you wouldn’t have found 10 interviews.

I’m sorry to hear your search is going so poorly. Do some retrospective and practice the bits you think you might be missing.

Re: OneTrust lays off 25% Workforce

#26

Post by siva7 »

fasteddie31003 wrote: post #12

The job market for developers right now is tough. My last time interviewing I was 2 offers for 4 interviews. I started looking for a job a month ago and I've gotten 0 offers for probably 10 interviews. It's my first time interviewing over virtual meetings, maybe that's it, but I think it's the general job market. My last feedback was "TL;DR - The general agreement was that you can code, and likely code well. However,…

Then we must live in a different reality. All companies in my circle are struggling to find developers.

Re: OneTrust lays off 25% Workforce

#27

Post by tekla »

fasteddie31003 wrote: post #12

The job market for developers right now is tough. My last time interviewing I was 2 offers for 4 interviews. I started looking for a job a month ago and I've gotten 0 offers for probably 10 interviews. It's my first time interviewing over virtual meetings, maybe that's it, but I think it's the general job market. My last feedback was "TL;DR - The general agreement was that you can code, and likely code well. However,…

> The job market for developers right now is tough

The opposite of true.

Re: OneTrust lays off 25% Workforce

#28

Post by dominotw »

fasteddie31003 wrote: post #12

The job market for developers right now is tough. My last time interviewing I was 2 offers for 4 interviews. I started looking for a job a month ago and I've gotten 0 offers for probably 10 interviews. It's my first time interviewing over virtual meetings, maybe that's it, but I think it's the general job market. My last feedback was "TL;DR - The general agreement was that you can code, and likely code well. However,…

i am in the market now and have the opposite experience.

I do agree that lots of ppl are very prepared for interviews now, it wasn't the case even few years ago. They expect you to do everything perfectly in interviews these days.

In your case you were probly expect to explore other ways to solve problems, eg: some alogorithm will have worst put complexity but most calls are to get so we can sacrifice some put complexity to improve get complexity. stuff like this.

pls see this : https://www.teamblind.com/post/7-onsites-7-offers-aAFTykAD

Re: OneTrust lays off 25% Workforce

#29

Post by gitfan86 »

siva7 wrote: post #26
fasteddie31003 wrote: post #12

The job market for developers right now is tough. My last time interviewing I was 2 offers for 4 interviews. I started looking for a job a month ago and I've gotten 0 offers for probably 10 interviews. It's my first time interviewing over virtual meetings, maybe that's it, but I think it's the general job market. My last feedback was "TL;DR - The general agreement was that you can code, and likely code well. However,…

Then we must live in a different reality. All companies in my circle are struggling to find developers.

Same. Just yesterday, I had a company wanting to negotiate employment terms after saying they were passing on me last week.
Post reply on HN