121–130 of 161 posts
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Higher than MSFT for sure - but not Netflix or Google: https://www.levels.fyi/companies/brex/salaries/software-engi...
$263.42K for an entry level position, wow.
Pretty great for a Non-FAANG company.
20% of the company Given how it sounds like Brex is doing, they're likely going to need to cut again. This isn't deep enough to really solve any systemic or structural problems. It will likely work though if the product vision and execution are on point and they just need more runway/less bloat.
But do layoffs ever solve systemic or structural problems? They're typically about reducing burn. Whether management knows how to identify and fix core problems is a totally different question.
I've seen it effectively done once.
I like that they shared publicly the severance package (I missed that in a company before, the severance package was only available to the ones laid off, and you wouldn't even know if you got the same as your colleagues). And the package itself seems alright too (and sensible, for example: the laid off can keep their laptops. What would company do with almost 300 extra laptops?). Time of the lay off also not too bad…
Looking at that list 6 months of COBRA is short, really short. In this job-search environment your COBRA is going to run out well before you could find your next job. When I was laid off from Oracle in 2012 I got 18 months of COBRA. That sounds must more reasonable.
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Do you think there is a career out there better than (I assume) software development? My view is that we are still in pretty good times. Maybe not great, but everyone who kept their jobs is still earning a big salary. And everything else other than software development is worse (specifically if you bundle things like ML into “software development“). I am curious. What career would you change to?
Self-employed tradesman pays as much on a per-hour basis as contract dev work and doesn't have to compete with a million people in developing countries willing to work for $20/hr. The project management parts from software development aren't too different either -- it's all tasks, coordinating stakeholders, etc. That's my angle, but there are plenty of other fields too: healthcare (nurses make as much as most SWEs an…
I live in the Brazil, currently earning ~USD50/hour (at a US company) as a web developer. Not as a contract dev though, I prefer to be employed by a company.
Here, neither nurse nor tradesman are well paid jobs, quite the contrary.
Rich neighborhoods here have: doctors, lawyers, medium company owners, big company executives.
None of them is possible to get to that level of paying within 10 years (medicine is 8 years at least only to have a specialization). An exception might be entrepreneurs, but there is a lot of luck involved.
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Self-employed tradesman pays as much on a per-hour basis as contract dev work and doesn't have to compete with a million people in developing countries willing to work for $20/hr. The project management parts from software development aren't too different either -- it's all tasks, coordinating stakeholders, etc. That's my angle, but there are plenty of other fields too: healthcare (nurses make as much as most SWEs an…
> but look in any middle-class neighborhood: maybe 5% of the people are in tech -- what is everyone else doing? This comment is why I love HN. Once you sort through all the kiddos who don't know anything about anything, you get golden nuggets like this. In my middle (almost upper-middle) class neighborhood we have a bunch of doctors and psychologists, a bunch of lawyers, a few retired professionals, a couple professo…
I like that they shared publicly the severance package (I missed that in a company before, the severance package was only available to the ones laid off, and you wouldn't even know if you got the same as your colleagues). And the package itself seems alright too (and sensible, for example: the laid off can keep their laptops. What would company do with almost 300 extra laptops?). Time of the lay off also not too bad…
Looking at that list 6 months of COBRA is short, really short. In this job-search environment your COBRA is going to run out well before you could find your next job. When I was laid off from Oracle in 2012 I got 18 months of COBRA. That sounds must more reasonable.
I like that they shared publicly the severance package (I missed that in a company before, the severance package was only available to the ones laid off, and you wouldn't even know if you got the same as your colleagues). And the package itself seems alright too (and sensible, for example: the laid off can keep their laptops. What would company do with almost 300 extra laptops?). Time of the lay off also not too bad…
The laptop thing is usually less about clawing back property and more about preventing the laptop, potentially with customer PII and source code and other stuff on it, ending up sold on ebay or left laying around as a personal device to be eventually lost at an airport 3 years later, and so on. They take them back, wipe them, then either resell them to a reseller or reissue them to other employees etc.
Earlier quoted context omitted.
Looking at that list 6 months of COBRA is short, really short. In this job-search environment your COBRA is going to run out well before you could find your next job. When I was laid off from Oracle in 2012 I got 18 months of COBRA. That sounds must more reasonable.
The marketplace coverage (or straight Medicaid) is cheaper than cobra these days. Cobra was 2200 for my family, with marketplace we pay 400.
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8 weeks plus 2 weeks per year seems light. 4 weeks for every year sounds more fair. The interview process was over 8 weeks
> 8 weeks plus 2 weeks per year seems light. 4 weeks for every year sounds more fair. The interview process was over 8 weeks Well that would be a short severance for everybody who was hired in the last year.