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Elastic.co lays off 13% of team

elastic.co

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Re: Elastic.co lays off 13% of team

#52

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 is still very popular in Japan, especially the Auctions site.

Re: Elastic.co lays off 13% of team

#55
post #2

This seems really tone deaf: “ As hard as this is for all of us, our future is bright. I look forward to working with you to propel Elastic into that future as we make Elastic a generational brand”, especially since he earlier says those being laid off may not even know that for up to 24 hours.

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?

According to the article most of the affected have been informed, but they have not informed everyone yet. I think it's a fair compromise.

Nobody wants to be told they have been laid off by finding your name in a power point in the morning, just because you live in a different time zone. They have offices around the world, so it is difficult to inform everyone at the same time without calling someone in the middle of the night.

At the same time those who have been informed are talking to other employees, and news spread fast. So they end up with a compromise - inform the company about the process.

They are handling it better than what I experienced not long ago. After announcing the layoffs and informing the affected, they did not communicate who was affected until the week after. Colleagues who had a good network knew who were affected by talking to each other, while others were left in the dark

Re: Elastic.co lays off 13% of team

#56
post #42

Earlier quoted context omitted.

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

Just look at their awful website. What do they sell? They want me to buy an Algolia competitor or something? You wouldn’t even know they are the Elasticsearch company. Go to Mongo - immediately shows me a value proposition of building software with MongoDB in their cloud. The exec leadership at Elastic is very low quality.

> You wouldn’t even know they are the Elasticsearch company.

When I interviewed there a couple years ago, was told by a leader they are trying to not just be "the Elasticsearch company". (Due to competition from AWS OpenSearch)

Re: Elastic.co lays off 13% of team

#57
post #56
post #42

Earlier quoted context omitted.

Just look at their awful website. What do they sell? They want me to buy an Algolia competitor or something? You wouldn’t even know they are the Elasticsearch company. Go to Mongo - immediately shows me a value proposition of building software with MongoDB in their cloud. The exec leadership at Elastic is very low quality.

> You wouldn’t even know they are the Elasticsearch company. When I interviewed there a couple years ago, was told by a leader they are trying to not just be "the Elasticsearch company". (Due to competition from AWS OpenSearch)

I would have left the interview right there. All they did was concede Elasticsearch to AWS, a brand worth 10’s of billions.

Had they executed their Elasticsearch cloud story would have been top notch and then they could put solutions behind it as additional upgrades. Instead they have a confusing story and aren’t a leader in anything they do.

Just a terribly sad outcome for a company that had everything going for them.

Re: Elastic.co lays off 13% of team

#59

A couple years ago, I was evaluating moving our ES clusters to the cloud. I got quotes from both Elastic and AWS. How much more Elastic wanted than AWS, didn't make sense, not even factoring support and hosting. It was like almost twice as much. Morally, I get why I should have gone with Elastic. Too bad businesses aren't about morals.

True, last I check the gap wasn't too big anymore, I think even comparable for certain machine configurations.

One thing is that the "mainstream" ELK develops at a much faster speed than the OpenSearch fork, and a lot of the nice features in new versions are nowhere to be seen in OpenSearch.

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