They employ ~4000 people? What on earth where they all doing?
OneTrust lays off 25% Workforce
31–40 of 109 posts
Re: OneTrust lays off 25% Workforce
#32They employ ~4000 people? What on earth where they all doing?
Same thing as the other "tech" companies: "tech" stuff and if you can't imagine what that is then you haven't drank enough Kool-Aid yet. Something something products, internal tooling, documentation, yadda yadda.
Re: OneTrust lays off 25% Workforce
#33I'm always amazed with how big tech companies get in terms of employee count. I once wandered the engineering area of the HQ (with an employee) of a FAANG (MAANG sounds... silly) and made a tick mark on my notebook when I saw someone actually coding - or at least having code on screen. There were over 1200 people on the development team and at the time most worked out of HQ. So... when I was done walking, I had 22 tick marks. Lots of email, lots of documents, and very little programming.
Re: OneTrust lays off 25% Workforce
#34They employ ~4000 people? What on earth where they all doing?
Same thing as the other "tech" companies: "tech" stuff and if you can't imagine what that is then you haven't drank enough Kool-Aid yet. Something something products, internal tooling, documentation, yadda yadda.
> documentation
Oh I wish. I have only heard all these jokes about being forced to write useless docs but I have yet to see a place where there are docs when I try to get into the projects someone left me.
Re: OneTrust lays off 25% Workforce
#35Earlier quoted context omitted.
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 of…
They're not primarily about individual performance, but if a company decides to cut X% of some group, it's going to make an effort to cut those it can most afford to lose, which is going to tend toward those they evaluate as lower performers, accurately or not.
Re: OneTrust lays off 25% Workforce
#36I'm always amazed with how big tech companies get in terms of employee count. I once wandered the engineering area of the HQ (with an employee) of a FAANG (MAANG sounds... silly) and made a tick mark on my notebook when I saw someone actually coding - or at least having code on screen. There were over 1200 people on the development team and at the time most worked out of HQ. So... when I was done walking, I had 22 ti…
Yes, but haven't you heard that productivity has gone up since we've moved to WFH? You'd probably have like 30-40 tick marks now if you toured all their homes.
Re: OneTrust lays off 25% Workforce
#37Earlier quoted context omitted.
I imagine this sort of move makes some of the top people leave along with the worst people. If I was in a company that cut 25% of the workforce I'd look for the door regardless of how good I was. Nothing happens in isolation.
I think the part about that strategy that bugs me is that the workforce doesnt know they are effectively doing a tryout for the company But at the same time, these are probably the same companies that say "competitive work environment" somewhere on the job application so maybe employees should expect it
> these are probably the same companies that say "competitive work environment" somewhere on the job application so maybe employees should expect it
Anecdotally, I've seen touchy feely corporate tone along with this strategy, and would suspect that is a fairly common combination. What you describe certainly exists, but it's not always so obvious.
Re: OneTrust lays off 25% Workforce
#38OneTrust's cookie consent manager is literally the worst product I have ever used.
I emailed them about their abomination against God and they replied something like "customer configured it wrong, not our fault".
Re: OneTrust lays off 25% Workforce
#39The 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,…
That's definitely frustrating feedback. Even so, I would consider asking for specifics about those opportunities were, potentially even reaching out to individual interviewer engineers who are more likely to share as opposed to only the recruiter or HR rep.
Re: OneTrust lays off 25% Workforce
#40Earlier quoted context omitted.
> This whole "let's over hire while the VC money is flowing and mass lay off as soon as it's not" thing will make talent think twice before applying to your company, and will make your existing talent eager to look elsewhere for more a more secure role. It really won’t though. People have short term memories and ego. Also, the next hiring round will most likely be from a fresh crop of graduates that will zero collect…
> Also, the next hiring round will most likely be from a fresh crop of graduates Sure, if you're only hiring new graduates. They're always cheap. And frequently those positions are a revolving door. I would be more concerned about hiring senior people, and what they heard through their network.
You're right. You need quite strong leadership from upper management to accomplish this as middle management will tend to bias for increasing their own headcount now.
It's not even necessarily out of selfishness per se - more just that most managers are confident and believe that if they have more resources, that will inevitably translate into success for the company.