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WeWork Is Cutting About 7% of Staff

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Re: WeWork Is Cutting About 7% of Staff

#72

I'm surprised most of the comments here are on the merits of shared workspaces instead of the potential overstaffing of WeWork. They have opened a couple of campuses in Denver in the last couple of months, and i was surprised to see about a 2:1 company to WeWork staff ratio. I won't pretend to know the list of the staff's responsibilities, but i can say that often times they appear to be hanging out in the general ar…

That staff to company ratio is surprising. I did a month at NextSpace.us in Culver City, CA and they really only ever had 2 or 3 staff members on at one time for the whole location.

Re: WeWork Is Cutting About 7% of Staff

#73

jeez this article and the washington post article on hiring being in a 6 yr low is really freaking me out. I'm currently in a coding boot camp while working as a waiter parttime. should I be worried?

You're totally screwed. Coding boot camps are for suckers. You won't be able to compete against the "real programmers." They'll dominate you so hard that your puppy will feel it.

thanks for the real talk. what should I enroll in?

Re: WeWork Is Cutting About 7% of Staff

#74
post #2

I guess I don't understand why any startup would pay 300-500/per desk. While I'm building I look to cut all expenses across the board and leave only the bare minimum required to function and create effectively. Can someone give an anecdote on when a shared workspace like this was beneficial to their startup's growth?

Because you want to be downtown for hiring/marketing purposes but not pay $60/sqft with a 5-10yr lease as opposed to $300-500 when you bring someone on. Eventually you may out grow it and need to get a lease somewhere, but it's extremely flexible while you're small and slowly ramping up staff.

Re: WeWork Is Cutting About 7% of Staff

#75
Why would I pay hundreds of dollars to work in a noisy public environment when I could do that for free at a coffee shop? Presumably you're paying for the social aspect of like minds or something. As a freelance IT consultant in NYC the value proposition felt very weak. If someone had a $400/mo private micro office with a desk and a window I'd be on that like white on rice.

Re: WeWork Is Cutting About 7% of Staff

#77

Earlier quoted context omitted.

You're totally screwed. Coding boot camps are for suckers. You won't be able to compete against the "real programmers." They'll dominate you so hard that your puppy will feel it.

thanks for the real talk. what should I enroll in?

In case it wasn't clear, the comment you're replying to is trolling and you should ignore it.

You'll be fine. There's still a good bit of demand for junior programmers, and there are no signs of that going away anytime soon. If you're in a top-tier bootcamp and you do well in it, you will come out ready to take junior positions, roughly comparable to a new CS grad minus their internships (which do give them an advantage). Just don't expect a $105K base salary at your first job - some bootcamps set unrealistic expectations to sell you on the program.

Keep working on the bootcamp, write some open-source code on the side, focus as hard as you can at getting better. It'll work out.

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