31–40 of 79 posts
> Investors heard it first, together with employees let go. The rest of staff heard nothing formal just yet. https://ir.hashicorp.com/news-releases/news-release-details/...
I'm no expert but the numbers seem pretty good and only getting better. Puzzling.
When I was laid off by Shopify last month, it was almost done perfectly. The day started. Everyone got an email saying what was happening and whether or not they were impacted. I was. I was given access to slack to say farewells for a few hours. I had a quick meeting with my senior manager. Then all access was cut and my personal email got all the needed details on what's next. It sucked, but it was pretty humane. Bu…
Messy layoffs may involve fewer people aware before the public announcement.
When I was laid off by Shopify last month, it was almost done perfectly. The day started. Everyone got an email saying what was happening and whether or not they were impacted. I was. I was given access to slack to say farewells for a few hours. I had a quick meeting with my senior manager. Then all access was cut and my personal email got all the needed details on what's next. It sucked, but it was pretty humane. Bu…
Also laid off by Shopify. Agree that leaking was not the right call but I would have to vigorously disagree about the “well done” lay-off bit. Issues I observed included: * A complete lack of resourcing for the operational teams conducting the layoffs (talent, legal, etc) * People receiving demands to sign their severance agreements within a few days. * Severance agreements that were outright illegal in the regions o…
Earlier quoted context omitted.
Terraform is open source. What are people paying for?
This right here HashiCorp, this is part of the problem. Layoffs are not going to solve this. I think Terraform has the same problem as Docker: HashiCorp isn't capturing the value of Terraform, and other companies are making more money off of it by seeing the real opportunity (like Docker/Docker Inc and Kubernetes). Cloud providers are reaping the benefits, and the other TACOS (Terraform Automation & Collaboration Sof…
I didn’t give them a dime and wouldn’t consider doing so in the future.
Hopefully they realize their products are too expensive for the value they provide beyond the open core offering. The recent Terraform Cloud pricing changes are not going in the right direction, please hire folks who understand how to price and capture value for your customers appropriately.
The problem is that, once you know what you are doing and understand the ecosystem, you can build a better experience using open source than they provide through TFC/TFE.
I wish I had a better idea for them…
Earlier quoted context omitted.
I'm no expert but the numbers seem pretty good and only getting better. Puzzling.
As near as I can tell, they've never turned a profit. That cant go on indefinitely.
Hopefully they realize their products are too expensive for the value they provide beyond the open core offering. The recent Terraform Cloud pricing changes are not going in the right direction, please hire folks who understand how to price and capture value for your customers appropriately.
Terraform is open source. What are people paying for?
> Investors heard it first, together with employees let go. The rest of staff heard nothing formal just yet. https://ir.hashicorp.com/news-releases/news-release-details/...
I'm no expert but the numbers seem pretty good and only getting better. Puzzling.
- 1/31/2020: -56,217
- 1/31/2021: -84,009
- 1/31/2022: -289,314
- 1/31/2023: -297,287
This line seems to heading in a direction which is never making profit.
Nearly all of the tech IPOs over the last few years share the same story. These are companies that have never been shown to make a profit, with no clear model how to. Finally these companies need to prove this is possible.
We have an entire generation of C-levels running these sorts of companies that have never worked in a non-tech bubble where money is free.
Based on my own experience in a similar company, "leadership" has absolutely no clue how to make these things happen, but enthusiastically believes they will. Leadership earnestly believes that this about surviving a tough time, and soon everything will be back to low interest rates and free money.
I suspect these small layoffs will continue for a long time and then we'll start seeing more of these companies completely collapse.
Hopefully they realize their products are too expensive for the value they provide beyond the open core offering. The recent Terraform Cloud pricing changes are not going in the right direction, please hire folks who understand how to price and capture value for your customers appropriately.
When I was laid off by Shopify last month, it was almost done perfectly. The day started. Everyone got an email saying what was happening and whether or not they were impacted. I was. I was given access to slack to say farewells for a few hours. I had a quick meeting with my senior manager. Then all access was cut and my personal email got all the needed details on what's next. It sucked, but it was pretty humane. Bu…