Gitlab to lay off 7% of staff
about.gitlab.com
Gitlab to lay off 7% of staff
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Re: Gitlab to lay off 7% of staff
#2Maybe the official blog post would be the better link: https://about.gitlab.com/blog/2023/02/09/gitlab-news/
Re: Gitlab to lay off 7% of staff
#3jumping on the bandwagon.
Re: Gitlab to lay off 7% of staff
#4[dead]
Re: Gitlab to lay off 7% of staff
#5There’s an opportunity for a SaaS that will provide a boilerplate layoff template, all you have to do is put in your % impacted and severance terms.
Re: Gitlab to lay off 7% of staff
#6jumping on the bandwagon.
On the other hand at least they’re not using cute pet names to refer to fired personnel, so that’s better.
Re: Gitlab to lay off 7% of staff
#7Good on them for offering proper severance. At my company, we got 2wks and nothing else. Not even a thoughtful letter from the CEO. Nothing. (And this was a sizable tech company in the middle of an IPO).
Re: Gitlab to lay off 7% of staff
#8Severance: A single payout equal to four months' base salary, and payments will be made according to local processes and timing requirements.
Equity: We’re accelerating vesting through 2023-03-15 and removing the vesting cliff for team members who have been granted equity and have been with us for under six months.
Healthcare: Based on location and current benefit options previously selected by team members, healthcare premiums will be covered for up to six months, where possible. Modern Health for mental health support will continue for all team members for six months.
Hardware: Team members can keep their hardware and home office equipment subject to our security protocols.
Career support: We will provide outplacement services with a third-party vendor, including coaching, resume building and guidance, and job-seeking support.
Re: Gitlab to lay off 7% of staff
#9Are layoffs like a fashion statement, now? "Look, we're cool, too!"
why is everyone doing this at the same time?
Re: Gitlab to lay off 7% of staff
#10There’s an opportunity for a SaaS that will provide a boilerplate layoff template, all you have to do is put in your % impacted and severance terms.
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