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Stack Overflow is laying off another 28%

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Re: Stack Overflow is laying off another 28%

#3
“Stack overflow did not elaborate”

A year after a major hiring push? Guessing it’s the “save money by ridding ourselves of expertise” workflow:

1) hire a bunch of fresh blood who are willing to work long hours for no money for some reason

2) get them trained up

3) lay off the expensive senior people

4) lol ceo big bonus

Re: Stack Overflow is laying off another 28%

#5
post #3

“Stack overflow did not elaborate” A year after a major hiring push? Guessing it’s the “save money by ridding ourselves of expertise” workflow: 1) hire a bunch of fresh blood who are willing to work long hours for no money for some reason 2) get them trained up 3) lay off the expensive senior people 4) lol ceo big bonus

Sounds like engineering caught a break on this one, but overall I wouldn't be surprised.

Re: Stack Overflow is laying off another 28%

#7
post #3

“Stack overflow did not elaborate” A year after a major hiring push? Guessing it’s the “save money by ridding ourselves of expertise” workflow: 1) hire a bunch of fresh blood who are willing to work long hours for no money for some reason 2) get them trained up 3) lay off the expensive senior people 4) lol ceo big bonus

If the fresh blood can do the same job as the seniors but for less money then why wouldn't you do this?

Re: Stack Overflow is laying off another 28%

#8

SO has languished so much, it’s really sad. There is a definite need here, and yet they seem happy to provide the same service they did 10 years ago while people migrate to LLMs and copilot and GH search and the like.

Right? They were perfectly positioned to profit from the rise of LLMs, and somehow missed the boat (and continue to do so).

Re: Stack Overflow is laying off another 28%

#9
post #2

After 10% back in May, another round is coming through at 28% today.

It's unclear if today is 28% or if that's the whole year. TFA says:

> Stack Overflow has laid off 28 percent of its staff over a year after doubling its employee base in a massive hiring push.

and

> Coding help forum Stack Overflow is laying off 28 percent of its staff as it struggles toward profitability.

The linked letter from the CEO says:

> This year we took many steps to spend less. Changes have been pursued through the lens of minimizing impact to the lives of Stackers. Unfortunately, those changes were not enough and we have made the extremely difficult decision to reduce the company’s headcount by approximately 28%.

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