131–140 of 145 posts
US? Little job security, hospitals you want to stay out of due to life-destroying costs, ultra high homelessness, little safety overall and the "American Dream" being reserved for sociopaths with no empathy nor morals.
CCI has the most resources classes and highest concurrency of any cloud solution.
Put the pipe back in.
CCI over expanded when money was cheap and is contracting because their customers, who you mongs mostly work for did even worse.
Real culprit is fiat money and the fed without which 50 percent of tech would not exist.
Earlier quoted context omitted.
> For many companies, you cannot be qualified to make this determination. It’s hard but useful. If you know this, you will be more successful whether you’re in engineering or sales or whatever. I research every business and organization I do business with. It’s not perfect, but it’s part of my decision making process. In CircleCI’s case, this would be me looking at the financials (hard because they are private), talk…
This research helps you form a more informed opinion, but it doesn't make you any more qualified at predicting the companies future success potential. The people running these companies are barely in such a position, nonetheless the average person who thinks they're privy to prescient insight.
The research makes you more able to make an accurate decision. It helps improve your outcome.
I don’t think being qualified is important here. I think the important piece is to make a good decision to join a firm, or leave a firm.
There’s no perfect information, but every potential employee has the ability to improve their chances by researching important decisions like this.
I think a good litmus test is if I can’t answer “how do they make money” or “how will they make money” or “how do they create value,” then I don’t want to work for them.
I don't want to turn a discussion surrounding layoffs into a lens about the business itself; it sucks to be laid off, and I wish everyone who was impacted great expediency in finding a new role. But I'm going to anyway: I genuinely don't understand how CircleCI is still a business. Every major code repository provider has CI built in. All of the ones I've interacted with (Github Actions & Gitlab) are just as good as…
We used to pay CircleCI $200/month to run CI on a widely-used open-source project, which was set up before GHA was available. Around one year ago we switched to GHA, which was significantly better, and cost $0. At around the same time we made the switch, we got an opaque email from CircleCI about their new `performance plan` which would have increased the cost to $300/mo. This was more metered pricing. Anyway GHA has…
When and if they get rid of the competition, it likely won't be free aka 0 monetary costs again.
Basically, if I'm reading this right: "Our business is doing great! We're going to keep doing great! But the stock market doesn't agree. So even though the stock market has zero impact on our revenues or expenses, I want to keep my board happy. So we're letting you go. But it has nothing to do with the company, my leadership, or your performance. Just whiny stockholders."
I know companies do this all the time, but this seems as cold as liquid helium to me.
I don't know if I'm shocked or impressed at how directly he states that the reason for the change is the stock market. Basically, if I'm reading this right: "Our business is doing great! We're going to keep doing great! But the stock market doesn't agree. So even though the stock market has zero impact on our revenues or expenses, I want to keep my board happy. So we're letting you go. But it has nothing to do with t…
Earlier quoted context omitted.
> What's the context behind this? From the article: > Right now, however, there is a ripple effect of uncertainty in our sector. Since the start of Q4, we’ve seen a dramatic shift in how every company’s performance is evaluated. Companies were once praised for growth at all costs. Very rapidly, market expectations have shifted. The emphasis now is on maximizing efficiency. It sounds like they are cowardly using the G…
I find their explanation pretty reasonable. In 2020 and 2021 money used to be close to free, with interest rates near zero and VCs throwing money at anyone with a growth story. Now both of these are no longer true, VCs are much more reserved and bank loans much more expensive. And with money being more expensive to acquire, everyone is more considerate about spending money (and thus manpower).
You're trying to put words in their mouth. Nowhere in their rationale they mention funding or money or interest rates or revenue or results. They only argue that they decided to base their HR policies on a fad. To me this looks like an awfully cowardly way to justify their own decisions on a pseudo-force majeure. Bullshit through and through.
I don't want to turn a discussion surrounding layoffs into a lens about the business itself; it sucks to be laid off, and I wish everyone who was impacted great expediency in finding a new role. But I'm going to anyway: I genuinely don't understand how CircleCI is still a business. Every major code repository provider has CI built in. All of the ones I've interacted with (Github Actions & Gitlab) are just as good as…
Earlier quoted context omitted.
VC $ works out the same. 18-24mo, with an even higher burn than a bank would accept, and the assumption that you can raise a 2X+ bigger round at the end of it to pay for the previous staff + next round of hires.
VC $ works the same as short-term bank loans? how? in any case, all of this interest rate "math" the parent wrote is only applicable to short-term loans. This is math for a shawarma stand, not a company that raised 300 mil of non-borrowed money.
With interest loans based on revenue, it's fine to stop whenever bc you have revenue for (most of) payroll.
Operationally, that expectation is now worse than interest. In the good times, it was free money for free growth, but with fewer and marked down rounds, a killer. Some founders value efficiency, which avoids this issue, but in the last few years, VC boards certainly were encouraging inefficient growth, meaning bad times for such VC-dependent companies.
I feel for all the engineers impacted by this layoff, but I do not agree that they are "the best CI/CD platform on the market". Our small team has moved away from CircleCI for all new projects. We are mostly using Github Actions these days. The major driver was not cost, which was minimal for our team, but the fact that CircleCI keeps breaking our build. In the ~5 years that we have used them, we have experienced at…