81–90 of 1001 posts
Can we update the title to let everyone know of the size: 12000?
Out of a total of roughly 140,000 employees (according to Wikipedia as of 2021). So a tad less than 10% of their workforce. Just thought I'd add that for perspective.
Question for those who got laid-off from tech recently (say since Aug last year): how hard did you find it to get another tech job? Would be interesting to get some anecdotal evidence to shed light on the following WSJ article which claims laid-off tech workers are finding it easy to get re-recruited: https://www.wsj.com/articles/laid-off-tech-workers-quickly-f... If the phenomena described in the WSJ article is true…
Not been laid off myself, but I'm still being absolutely hounded by recruiters. There are still a ton of tech jobs out there, at least in the UK.
> As part of that, if you are just starting your work day, please feel free to work from home today. What a generous offer.
I guess someone has to write this comment: > I take full responsibility for the decisions that led us here As usual, he says nothing more what the consequences for him are. It seems like all of the FAANGs have made severe strategic cockups when it comes to hiring lately. I wonder if it will affect their longterm attraction as employers.
I guess someone has to write this comment: > I take full responsibility for the decisions that led us here As usual, he says nothing more what the consequences for him are. It seems like all of the FAANGs have made severe strategic cockups when it comes to hiring lately. I wonder if it will affect their longterm attraction as employers.
Amazon and Meta I can understand why. But why Microsoft and now Google? What positions were affected in Google? Just developers?
"Too many cooks spoil the meal." "The Mythical Man-Month" etc.
There was a crazy push for hiring and growth, which diluted the quality and increased the communications bottlenecks. A 10% cut won't do it, though. Over-hiring is hard to recover from. Google would need to cut 75-90% of its workforce to be at all efficient.
If it did that, it would be left with a ton of code with no one who understands it, a horrible reputation, and zero morale.
The only way I can think of to manage this is to build out an elite smaller unit, with a smaller codebase, with less technical debt, and then to spin out the deadweight.
(Question): Are all major tech companies doing this when everyone else is so that they face less backlash for it ? Also what about the news of companies having record profits during pandemi. Were they false/fake too ?
layoffs aren't only when profits plummet, they are when stock prices must rise because of some bonus package
This week: Amazon 18,000 Microsoft 10,000 Alphabet/Google 12,000
People saying it is deferred PIPs or house cleaning are deluded. At Meta and Amazon I know some senior people who were laid off. People got decent severance so not too much negative comments, but I think it is a blood bath. 10% is not a small number and these are not boot camp employees who will switch out to different careers. It is a bonanza for smaller tech firms, but I think this is going to feel like the dot com…
Not sure what you are implying. Senior people don't automatically perform better, it's only natural some get PIP'd.