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Elastic.co lays off 13% of team

elastic.co

31–40 of 72 posts

Re: Elastic.co lays off 13% of team

#31
post #22

It has stiff competition, but I’m certain that “Elastician” is the worst company demonym I’ve heard so far.

Is there a db of these somewhere? What does IBM call its staff? Oracle?

IBM should call themselves Blueys

Come join the Oracult

Snowflake ... well let's not go there.

Signed: a Brickster

Re: Elastic.co lays off 13% of team

#32

>"I didn't take this decision lightly. Since becoming CEO, I have had the opportunity to spend time with Elasticians around the globe." One bizarre side-effect of these layoff announcements is learning all the cringe-worthy names these companies have for their employees. Elasticicans? Tweeps? Stripes? I'm guessing this is a SV thing? Do these infantilizing names actually do anything to build company culture?

Did it start with Googlers? Or maybe Teamsters?

Re: Elastic.co lays off 13% of team

#35

Earlier quoted context omitted.

I've had this happen somewhere I worked: "ceo: well be laying off a big portion of the company, you'll find out who tomorrow". I don't know the right way to do this, but I know this is the wrong way. What possible good does this achieve?

At Yahoo in 2016, layoffs were announced as "planned" in an earnings call and they happened department by department, always on Wednesdays. This was right around when Blind got popular (but before each post was just whining about TC) and so every Wednesday morning we'd all check Blind to see which teams got hit this week.

The really hilarious thing is no matter how far down Yahoo continues to sink they will always have at least my dad and those who refuse to use anything other than Yahoo Finance in the foreseeable future to keep them somewhat afloat.

Edit: for the record this is not a slant against those who use Yahoo Finance. Even back when I used it in high school it was good.

Re: Elastic.co lays off 13% of team

#36

Lots of great people there. Condolences to those impacted. It's disappointing. Elastic had it. Unforced errors abound.

Yeah it’s amazing how much potential that company had and then blew it with a series of questionable business decisions. They had a ton of really quality talent too but much of it has moved on the last few years.

Pretty much everything MongoDB did right, Elastic did the opposite and failed. Instead of being the best place to run Elasticsearch, one of the most popular open source projects ever, they blew all that brand equity on a series of mediocre solutions that were outcompeted.

Re: Elastic.co lays off 13% of team

#37
post #5

If you scroll down to the very bottom there is a big "we are hiring" icon. I wish everyone who was laid off all the best. I wonder if Amazon with it's elastic fork will try to acquire some of the talent.

Given that Amazon is also laying off and the CEO recently stated that they expected additional staff reductions into next year it seems unlikely.

It's unlikely that AWS is having layoffs, considering they are the only division that actually makes money at Amazon.

Re: Elastic.co lays off 13% of team

#38

Earlier quoted context omitted.

At Yahoo in 2016, layoffs were announced as "planned" in an earnings call and they happened department by department, always on Wednesdays. This was right around when Blind got popular (but before each post was just whining about TC) and so every Wednesday morning we'd all check Blind to see which teams got hit this week.

The really hilarious thing is no matter how far down Yahoo continues to sink they will always have at least my dad and those who refuse to use anything other than Yahoo Finance in the foreseeable future to keep them somewhat afloat. Edit: for the record this is not a slant against those who use Yahoo Finance. Even back when I used it in high school it was good.

Yahoo finance is a good product. I use it and keep looking for replacements in case something good pops up, but it’s good for now.

Re: Elastic.co lays off 13% of team

#40
post #36

Lots of great people there. Condolences to those impacted. It's disappointing. Elastic had it. Unforced errors abound.

Yeah it’s amazing how much potential that company had and then blew it with a series of questionable business decisions. They had a ton of really quality talent too but much of it has moved on the last few years. Pretty much everything MongoDB did right, Elastic did the opposite and failed. Instead of being the best place to run Elasticsearch, one of the most popular open source projects ever, they blew all that bran…

Where can I read about this? I’m not familiar with their history.
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