This is one company I do not feel bad for.
It's still people like you and me that are losing their jobs.
GoDaddy Announces Layoffs of “About 8%”
51–60 of 100 posts
Re: GoDaddy Announces Layoffs of “About 8%”
#52Earlier quoted context omitted.
Same reason Wall St takes a 7% commission on IPOs.
https://www.insidescience.org/news/brain-seven-magic-number For those unaware the number 7 seems to have a special place in the human brain as it's the number of distinct things most humans can hold in their brain at once before needing abstractions or other devices to keep track of the information. It's also the point at which our brains seem to switch from "a few" to "many" and because it's prime it's the highest a…
7% actually really is 0.07 though (or around 1/14th), the multiplication by 100 is completely arbitrary
Re: GoDaddy Announces Layoffs of “About 8%”
#53It's interesting seeing GoDaddy/Gitlab lay off so late in the game. Jeff Lawson (TWLO) who is a fantastic financial and product focused CEO did his prep work in September last year with 11% of the company. I find it pretty hard to grok what your FP&A team must be like if you're a b2b supply chain business thinking about this stuff Q1 in global economic downturn.
What global economic downturn?
Re: GoDaddy Announces Layoffs of “About 8%”
#54So is this officially a trend now? Just drown the bad news in a massive pool of other bad news about other companies? Good time to soften the blow of bad PR? It doesn't cause too much attention when you lay off 10-15% of your workforce despite profits if 20 other big name companies are doing it as well.
I mean, it makes sense. The issue here is knowing when you have to do it. This news will get under the rug right away because people are paying attention to more "important" news like chatGPT, the state or the union, other companies laying off people, etc...
I mean, this is the perfect time to lay off people from a PR perspective. You'll see that by tomorrow morning, the public will be still talking about something else, prob. how google lost 100 billions in market value, Lebron breaking the all-time scoring record, etc...
Re: GoDaddy Announces Layoffs of “About 8%”
#55Earlier quoted context omitted.
What do you mean Jeff Lawson is a fantastic financial focused CEO? His company has never turned a profit has it? I believe TWLO is one of the most unprofitable of large public tech companies.
You sound like an amazon bear in 2004 - that's not how you measure the financial focus of a CEO. https://www.vox.com/2017/5/15/15610786/amazon-jeff-bezos-pub...
Jeff Lawson falls short even by your preferred metrics.
https://www.macrotrends.net/stocks/charts/AMZN/amazon/cash-f...
https://www.macrotrends.net/stocks/charts/TWLO/twilio/cash-f...
Re: GoDaddy Announces Layoffs of “About 8%”
#56Earlier quoted context omitted.
I've literally never heard about sexism directed their way, but given you worked there I'm sure you know better the story of treatment they get. What was the sexism, who was it directed against and why do you reckon they recieved it? The only experience I have with GoDaddy is their awful support, and predatory practices. Ditching them has been the biggest single improvement to our IT practice.
GoDaddy's entire brand presence was based on objectification of women for their early life. After GoDaddy's founder Bob left, it got better. Bob was a character and arguably the entire reason for the insane brand -- strange, strange man.
Look, "Go Daddy" itself is pretty weird and creepy as a name. The thing that really soured me on it and pulled my clients who were there was the fact that the "daddy" in question was out shooting elephants. Family environment is great and all, and I suppose some villagers got to eat an elephant, but I'll be damned if I'll let anyone I know pay that guy for domain registration.
https://abcnews.go.com/Business/daddy-ceo-bob-parsons-africa...
Re: GoDaddy Announces Layoffs of “About 8%”
#57GoDaddy was the first software engineering job I worked for. I had interned there too. It's understandable that the external perception of the company is bad (and even sexist), but internally GoDaddy was a great place to work. They're always a major sponsor of Grace Hopper. They were adamant about hiring women. They made my internship so much fun, and I am still friends with many of my co-interns from that summer. Of…
The thing that angers me about GoDaddy is the sniping of customer searched domains. Maybe “everyone does it”, but still scummy.
Re: GoDaddy Announces Layoffs of “About 8%”
#58GoDaddy was the first software engineering job I worked for. I had interned there too. It's understandable that the external perception of the company is bad (and even sexist), but internally GoDaddy was a great place to work. They're always a major sponsor of Grace Hopper. They were adamant about hiring women. They made my internship so much fun, and I am still friends with many of my co-interns from that summer. Of…
What always rubbed me the wrong way were two things. They have the impression of being spammy [even their UI felt/feels spammy] And then their UX really sucked. They almost felt like a parked domain itself.
Re: GoDaddy Announces Layoffs of “About 8%”
#59Earlier quoted context omitted.
I've literally never heard about sexism directed their way, but given you worked there I'm sure you know better the story of treatment they get. What was the sexism, who was it directed against and why do you reckon they recieved it? The only experience I have with GoDaddy is their awful support, and predatory practices. Ditching them has been the biggest single improvement to our IT practice.
GoDaddy's entire brand presence was based on objectification of women for their early life. After GoDaddy's founder Bob left, it got better. Bob was a character and arguably the entire reason for the insane brand -- strange, strange man.
It's in their name itself. Who names a thing Go daddy?!
Re: GoDaddy Announces Layoffs of “About 8%”
#60This is one company I do not feel bad for.
They bought out one of the registrars I had been using. I cringe whenever those domains come up for renewal.