Live data from Hacker News

Joist lays off 60 employees in Toronto as company relocates to SF

betakit.com

1–10 of 138 posts

Re: Joist lays off 60 employees in Toronto as company relocates to SF

#2
This is some nasty stuff.

I feel sorry for the guy literally working there less then a day and getting the boot.

Shows some really serious problems in management. Who the hell hires people when they know very well they won't stay and make the whole staff redundant. Well, except for friends and family of course. Either it was a lack of communication between management and HR, or they just really didn't give a flying f*ck.

Another grim story about startup life. Not everything that has four legs is a unicorn apparently.

Re: Joist lays off 60 employees in Toronto as company relocates to SF

#4
Now that they've gone to the expense of moving their remaining 30 employees to San Francisco and have demonstrated such incredible loyalty to their employees, let's see how many of those remaining 30 take advantage of the many opportunities in the Valley to jump ship.

Re: Joist lays off 60 employees in Toronto as company relocates to SF

#5
> Kathan told BetaKit that the “incredible difficulty” of acquiring senior-level talent in Toronto

As some companies are (finally) starting to realize, there are incredibly talented people all over the world, who are not within 1.5 hours of your office. Allowing them to work remotely opens your company up to a much higher caliber of talent for the same, if not lower, cost. The tools are out there now and they work well. I have a distributed team of developers for my small consulting company, and I feel no pressure to open an office any time soon.

EDIT: Why was this post flagged? Comments now disabled?

Re: Joist lays off 60 employees in Toronto as company relocates to SF

#7

This is some nasty stuff. I feel sorry for the guy literally working there less then a day and getting the boot. Shows some really serious problems in management. Who the hell hires people when they know very well they won't stay and make the whole staff redundant. Well, except for friends and family of course. Either it was a lack of communication between management and HR, or they just really didn't give a flying f…

I know someone who left a finance job in NYC to move to London. Was fired in his first week; the trading desk he had joined was abruptly closed down. I guess senior management kept the plans secret from the line managers who kept on hiring without knowing what was coming. So I don't think this sort of thing only happens in start-ups (if anything, I would guess this type of thing is more likely to happen in a large company where your hiring manager is several levels down from the CEO and might not have any idea that his business unit is about to be closed/divested/relocated/etc).

Re: Joist lays off 60 employees in Toronto as company relocates to SF

#8

Now that they've gone to the expense of moving their remaining 30 employees to San Francisco and have demonstrated such incredible loyalty to their employees, let's see how many of those remaining 30 take advantage of the many opportunities in the Valley to jump ship.

Not just that, but how many people will join their ranks as well? The story won't go unnoticed and most people in the Tech Industry will hear about it in some shape or form.

They will have a hard time to find new people. Especially seniors. They wont leave their good, stable jobs for an employer like that.

Re: Joist lays off 60 employees in Toronto as company relocates to SF

#9
If anyone whose been let go by Joist is reading this: I'm a developer with Amazon in Toronto. There's a lot going on here- 300 developers in 4 or 5 major divisions doing all kinds of interesting stuff. The pay's good (for Toronto), we're well located (beside Union station), and of course we're hiring.

My username, but at my company's name, dot-com. Happy to chat by email, but I'll link you to our jobs site: https://www.amazon.jobs/en/search?location%5B%5D=toronto-can...

Post reply on HN