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Atlassian to shed 5 per cent of workers

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Re: Atlassian to shed 5 per cent of workers

#21

Post by endtime »

twelve40 wrote: post #17
twblalock wrote: post #16

Earlier quoted context omitted.

Most companies overhired and would have been punished if they didn't. Now they will be punished if they don't shrink. Public companies have to follow the market or their shareholders will slap them down. The real villain is the Federal Reserve, because their policies created a bubble. We should also keep in mind that quite a lot of the people who are being laid off never would have had jobs if it wasn't for the massi…

> Most companies overhired how is it possible for most companies to overhire? where did all those hires come from? maybe facebook doubled by poaching non-faang people, but where did the non-faang companies get all these extra hires from? > a lot of the people who are being laid off never would have had jobs since tech layoffs mostly affect eng, pm's, hr and a bit of management, it seems strange that these mostly well…

A lot of startups probably didn't get founded. And CS enrollment has probably been up (haven't checked).

Re: Atlassian to shed 5 per cent of workers

#22

Post by twelve40 »

bydlocoder wrote: post #20
twelve40 wrote: post #17

Earlier quoted context omitted.

> Most companies overhired how is it possible for most companies to overhire? where did all those hires come from? maybe facebook doubled by poaching non-faang people, but where did the non-faang companies get all these extra hires from? > a lot of the people who are being laid off never would have had jobs since tech layoffs mostly affect eng, pm's, hr and a bit of management, it seems strange that these mostly well…

Obvious answer - unemployed.

so you go from perpetually unemployed to engineer at Atlassian for a couple of years, then back to perpetually unemployed? ("never would have had jobs" according to the parent) is that typical, for most companies?

Re: Atlassian to shed 5 per cent of workers

#23

Post by distrill »

bydlocoder wrote: post #18
PheonixPharts wrote: post #13

Earlier quoted context omitted.

I find it funny that every layoff announcement has a similar comment at the top, as though this were an isolated incident, rather than a fundamental shake up in the industry. This isn't even the only layoff article on the front page of HN right now. I think it's fair to say that virtually every company right now has been "a bit over bloated for awhile". Even as someone that foresaw pretty much what we're seeing now r…

It will be a blood bath. Postman "Labs", a company that produces a glorified cURL UI and some incoherent most likely useless tools around it received $433M investment at valuation of $2B and apparently has hundreds of employees. Current state of tech is not sustainable.

wow. i usually push back against the mindless "that's too many engineers what are they all doing XDDD" meme. but this is actually insane, i can't believe there's more than a single person working on postman.

Re: Atlassian to shed 5 per cent of workers

#24

Post by twblalock »

twelve40 wrote: post #17
twblalock wrote: post #16

Earlier quoted context omitted.

Most companies overhired and would have been punished if they didn't. Now they will be punished if they don't shrink. Public companies have to follow the market or their shareholders will slap them down. The real villain is the Federal Reserve, because their policies created a bubble. We should also keep in mind that quite a lot of the people who are being laid off never would have had jobs if it wasn't for the massi…

> Most companies overhired how is it possible for most companies to overhire? where did all those hires come from? maybe facebook doubled by poaching non-faang people, but where did the non-faang companies get all these extra hires from? > a lot of the people who are being laid off never would have had jobs since tech layoffs mostly affect eng, pm's, hr and a bit of management, it seems strange that these mostly well…

And yet we know for sure that many companies doubled in size in the past few years. Including really big companies.

Re: Atlassian to shed 5 per cent of workers

#25

Post by noughtme »

twelve40 wrote: post #17
twblalock wrote: post #16

Earlier quoted context omitted.

Most companies overhired and would have been punished if they didn't. Now they will be punished if they don't shrink. Public companies have to follow the market or their shareholders will slap them down. The real villain is the Federal Reserve, because their policies created a bubble. We should also keep in mind that quite a lot of the people who are being laid off never would have had jobs if it wasn't for the massi…

> Most companies overhired how is it possible for most companies to overhire? where did all those hires come from? maybe facebook doubled by poaching non-faang people, but where did the non-faang companies get all these extra hires from? > a lot of the people who are being laid off never would have had jobs since tech layoffs mostly affect eng, pm's, hr and a bit of management, it seems strange that these mostly well…

Did you not notice the explosion in bootcamps and online programs? Not to mention the huge expansion of existing CS programs. Tens of thousands joined the industry.

Re: Atlassian to shed 5 per cent of workers

#26

Post by twblalock »

bzhang255 wrote: post #15
twblalock wrote: post #12

They should lay off 100% and go out of business. An entire generation of devs has suffered with Atlassian's broken, unscalable tooling. In my entire career I've never met someone who actually likes their products.

> They should lay off 100% and go out of business. Suggesting that 9000 people lose their jobs feels like a needlessly hateful way to express a dissatisfaction with a company's products.

9000 people who make products that suck should do something else with their lives.

Does that mean they will lose their jobs? Yes.

It's still the best outcome for the world and those people will get other jobs, hopefully making better products.

Re: Atlassian to shed 5 per cent of workers

#27

Post by twelve40 »

noughtme wrote: post #25
twelve40 wrote: post #17

Earlier quoted context omitted.

> Most companies overhired how is it possible for most companies to overhire? where did all those hires come from? maybe facebook doubled by poaching non-faang people, but where did the non-faang companies get all these extra hires from? > a lot of the people who are being laid off never would have had jobs since tech layoffs mostly affect eng, pm's, hr and a bit of management, it seems strange that these mostly well…

Did you not notice the explosion in bootcamps and online programs? Not to mention the huge expansion of existing CS programs. Tens of thousands joined the industry.

I admit I don't know the industry-wide data for that. I have not encountered a bootcamp person in a professional setting in over 5 years, but maybe im not a part of most companies.

Re: Atlassian to shed 5 per cent of workers

#29

Post by onion2k »

bydlocoder wrote: post #18
PheonixPharts wrote: post #13

Earlier quoted context omitted.

I find it funny that every layoff announcement has a similar comment at the top, as though this were an isolated incident, rather than a fundamental shake up in the industry. This isn't even the only layoff article on the front page of HN right now. I think it's fair to say that virtually every company right now has been "a bit over bloated for awhile". Even as someone that foresaw pretty much what we're seeing now r…

It will be a blood bath. Postman "Labs", a company that produces a glorified cURL UI and some incoherent most likely useless tools around it received $433M investment at valuation of $2B and apparently has hundreds of employees. Current state of tech is not sustainable.

As always you have to remember that the public UI of a SaaS business is rarely telling the whole story about why the headcount is what it is, and without significantly deeper knowledge of everything the business is doing, including future products in development, it's really hard to say if there are too many people or not.

Most engineers are not in a business to support the day to day running of an app. They're there to build new things to provide growth and support change. This is why you can do an Elon and fire 75% of the staff without something collapsing immediately. That strategy even works in the long term if you're happy to scale back future ambitions and focus on a single app. It wouldn't work for most companies that are constantly fighting for market share though.

Re: Atlassian to shed 5 per cent of workers

#30

Post by nullspace »

twblalock wrote: post #12

They should lay off 100% and go out of business. An entire generation of devs has suffered with Atlassian's broken, unscalable tooling. In my entire career I've never met someone who actually likes their products.

Developer here. I quite like Jira, I've never seen anything as fleshed out or complete as it is. At a previous startup, I used clubhouse.io, but I seriously missed Jira after a few months.

I generally think Atlassian is a really solid company building good products and I really don't get the hatred. I'm also open to acceptable alternatives to Jira and Trello.

Edit: ooh, just saw that they also own statuspage. And everyone uses/likes statuspage.

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