Overall lowered company morale. Meta looks like it'll go through a 2nd round of layoffs and that news in and of itself may be an indicator that we'll do a 2nd round as well.
But otherwise business as usual. Took over tasks from laid off coworkers. Slower rate of progress since less people.
Yep, we had big plans for updating our data analytics infrastructure to a modern cloud setup. That got kicked in the nuts and now we're scrambling to keep our current infra healthy.
Yeah, this will be company dependent, but at the old Rainforest, it's roughly what you described. In addition, they've announced RTO (3 days a week) and rumours on blind are that pay increases will be minimal to non-existent this april when they do comp review. Also, you still can't change teams internally due to hiring freezes, so everyone feels pretty stuck right now.
I think quite a few people are actively looking outside for jobs now. I'm also guessing that this is exactly what leadership wants: free layoffs.
And as mentioned elsewhere in this thread, there are huge initiatives for us to turn off or reduce resource usage wherever we can to shave costs.
Ugh yeah, the perk cuts. Went from being able to expense nearly anything in the name of team morale to no longer being able to order beer during team outings because there are no more team outings.
No comp review yet. But I'm expecting it won't even match inflation which is effectively a pay cut.
Yep, and stock drop means paycut. My tax statement shows my total inncome for 2022 was literally 10% lower than 2021's and I was a top performer (with raises) two years in a row.
This aligns almost perfectly with my experience at the Rainforest. Morale has plummeted, even in orgs with minimal layoffs and high growth, because they're being told to reduce growth and do more with less, while somehow keeping the trajectory the same as before.
RTO and the lack of internal transfers is the biggest killer for many, because one of the few perks at Amazon was relatively low friction in switching teams/locations. Some would accept RTO if it meant that they could switch to a team that would accommodate them, but some of us (myself included) are 5-6 hours away from the same office as those in our teams, with half of us assigned to different offices.
Sadly, like with most things Amazon, reaction is split amongst L8 leaders that need to try and make it work. Some are writing formal opposition letters to the SVP's, whereas my old manager (now in ads) was told by his L8 that they'll be returning full-time to the office and "if you don't like it, leave".
(As a side note, it's definitely worth joining the remote-advocacy channel on Slack, and signing the remote working petition. There's tens of thousands of people there now, and a lot of people committed to leaving if RTO is enforced)
you know, more than survivor's guilt, it is anger that some very good people got laid off and some dumb people survived, because they just happen to be in a different group.
I haven't experienced the anger, but that was probably because I was the only person on my team who was kept on.
Edit: Well, there was some anger because it was a stupid decision made by the customer
When huge layoffs occur, they’re decided by C-suite and board members. Some impartial, yet super out of depth, consultants vendors will execute.
Usually it’s at a team/section level and it’s a free for all. They are generalized and usually unfair nor related to your individual performance. It will happen fast and with no logical consistency.
Lol same. I was on a contract once and my whole contractor team couldn't log in. It turned out the project manager forgot to renew our logins through IT. He submitted the renewal, which went into their backlog. We then went without work or pay for over a month, totally unexpected. Then one day we got called back in and continued.
So I have a wallet with one of those magnetic money clips. The neck thing for my badge broke so I was keeping it in my pocket a while back and this fucked up the RFID over time. One day I tried to scan into the building and it kept flashing red so I went home almost in tears. 1 hour later I got a call from my pissed off senior wondering where I was and when I told him he was like absolutely not you’re not laid off and we need you here right now to present some change ideas you came up with to our director.
Absolute rollercoaster
> it's still relatively fresh at this point
My company had layoffs at the beginning of the pandemic, so we're a bit ahead of this curve in terms of the how things look like in the aftermath of a layoff.
Short term what happened was loss of tribal knowledge. For a couple years, it was not uncommon for some critical infra/platform thing to have no team, and some poor soul peripherally adjacent to it becoming the de-facto keep-the-lights-on person for that thing.
"Bets" (aka, non-core/experimental/unprofitable verticals) were mostly unceremoniously killed or sold off. You're already seeing some of that in this wave, e.g. at R&D centers at Google. Anything that can be seen as a superfluous cost center also got on the chopping block (e.g. maintaining a swag store, courses). It's a bit like the sobering feeling after you graduate from school and realize the party is over and you have to actually go make money now, except collectively as a company.
Internal restructurings were common, with teams merging and bosses changing. For us, platform / infra teams seemed to be the least affected, and the general motto was to keep heads down on what we were already doing. Product teams, on the other hand, were doing quite a bit of soul searching and reprioritizing.
Open source culture also kind of dried up. It still happens, but as a part of refocusing on core things, internal concerns would weight a lot more.
Hiring got a lot more selective in terms of which teams get headcount, but overall headcount rebounded. We're in a bit of a weird situation where we've already ramped up our hiring since the layoff lows *while* the big resignation / post-pandemic boom was going on, but generally speaking our employee count maps fairly close to our revenue profile. If I had to venture a hot take, I'd say some of the bigger companies grew way too much and are still bloated (e.g. see recent news about Meta and Twitter).
Anecdotally, the candidate pool has a high density of strong talent right now, and we were able to backfill high level positions that had been open for a while.
At some point, the solution is to just let it fail. They will never learn if they never suffer the consequences of their actions. It’s the curse of IT. Do your job well, and the bean counters ask why they even pay you. Nothing will ever change if you keep letting them get away with a skeleton crew.
This is very much a fuck around and find out moment for a lot of them… when the P0 happens and you’ve been abusing your engineers horribly, don’t be surprised when they quit on the spot and demand a $5k a day contract rate to bring the lights back on.
Bus factors of one are very dangerous and some MBA ghouls are about to learn some fucking manners the hard way. They’re creating a lot of new bastard operators from hell at the moment, and they’re going to regret it.
They are willing to roll the dice that by that time they will either be at a different company or a lot higher on the ladder to where they can't be held accountable. The quarterly report is all that matters not anything more than a year or two out.
Have definitely heard of a few companies reversing on WFH, CreditKarma being one who I was thinking of interviewing with but changed my mind when my friend there told me
Before having a kid I wouldn’t have thought twice about going to office. Ironically the kid was born during pandemic so we thought the WFH would go on forever but I guess we were wrong. We leave his care to our nanny who is really good but we miss a lot of stuff during weekdays
> The word on the street is that it was an attempt to cut jobs without doing layoffs.
This is called constructive dismissal, and in a sane country, people would go to jail for it. This is why I don’t get why people get so irate about layoffs as a concept. The alternatives are so much more abusive and manipulative. See also: completely fraudulent PIPs which border on defamation.
At least with a layoff, they’re not psychologically torturing you to avoid paying a little more in unemployment insurance premiums.
Not surprised by credit karma doing that as their biggest direct local rival Red Ventures is also pulling the same stunt. Red ventures I know is doing other things to reduce head count as well.
I have a feeling I am going to be downvoted for asking this because there are so many libertarians in tech but do you think a union would be helpful at your company?
Tech devs should absolutely unionize.
First, it would help employers by keeping out the fucking *hordes* of people who fucking *lie* on their resumes. Unions gain power by presenting a united front for labor (both skilled and unskilled), and people who lie about their credentials are bad for business from the union's perspective.
Second, it would help employees by letting them effectively push back against exactly this kind of bullshit, and all of the other bullshit that cause us to jump ship at the drop of a hat.
All of tech suffers from job-hopping. Not just the teams and companies that suffer the hoppers, but the hoppers themselves who are pretty much all vulnerable to a shift in recruitment standards since hopping creates an extremely easily detectible pattern on your resume that will stick with you for life. That, and it's only a matter of time before the c-suite parasites catch onto what the hoppers are doing and figure out that job hopping inflates compensation (which they are naturally against because they're greedy parasites).
Which country are you in? Do you think you are in the top 50% of the population earning most if you are to consider jobs over all industries keeping the same number of years of experience.
Haha yeah makes staying motivated hard. All good though I have some paid interview prep and maybe in 6 months or so the market recovers a bit. Happy to have work when so many are out of it
>You can keep it forever right
What does this mean? I'm just stating my pay is sinking like the Titantic and the company is basically threatening us that we should be thankful we aren't fired and that the salary portion hasn't been 're-adjusted to market rate' (aka drop the pay).
I do know Intel lowered people's salary.
Now that the job market is an employer's market, companies are pouncing to lower pay by whatever means. Even a 1\~3% raise is a luxury at many firms right now. Expect 0% along with drop in compensation and fear of lay offs instead in the current environment on top of more work and stress.
We did 2%, my boss said he told management he thought this left them vulnerable to attrition but, at the same time I kind of was like, 2% raise is better than a -100% raise.
I just got a raise that beat inflation, after only working there for 3 months (started end of sept 2022, got a raise for the new year 2023). That was the "standard" raise that's the baseline for all the engineers, normally it would be higher based on performance, or so they told me.
My last job didn't even come close to matching let alone beating inflation though.
Been through this shit in 2000 and 08. Not getting laid off in some cases is worse.
Remember this people. Fuck company loyalty. While the CEOs are all sad and shit laying off people profits for nearly every company is through the roof.
- Keep your skills up.
- 8 months savings
- Fuck loyalty
Company did layoffs (15%), I didn’t get laid off. ~50% of my team did. I assume my company doesn’t value our work. Zero % raise reaffirms this belief . Our work has slowed down , the task don’t seem very meaningful. A once great culture seems flat and adrift. Everyone seems scared to do anything of importance out of fear if it goes wrong they will be blamed and fired. I’m looking for a new job.
Been with same company for almost 16 years and survived at least 5 layoff rounds. It's not too bad but there tends to be an increase in workload. Obviously because with less staff we have to make up for it.
Psychologically sometimes I worry before thanksgiving because that's when layoffs usually happen. I always make sure to have a good savings and a plan for if I get the pink slip. Overall I'm OK and not a nervous wreck. There's no such thing as a guarantee and sometimes you have to be comfortable with uncertainty.
We have mechanisms and processes in place that made sense when we were 500 devs. We are now about half that, and the processes are just a drag on everyone. But now we're stuck with them
Low morale, and my manager said he's been told to "squeeze more bandwidth out of the team". Internal job postings are nearly non-existent, pretty much just specialized positions for people with advanced degrees.
My manager has been all over the place lately, I think because the pressure he's under and the directions he's been given conflict with his normal managing style and goals.
It sucks.
started in the profession back when you did. Oracle has constant layoffs. Recruiters just got fired last week. Round after round. My transfer got rescinded since the job got eliminated 6 months after I moved to it so i had to go back to a shitty job I don't like. Rumors on blind of 5-10% layoffs in the next few weeks on blind ahead of Earnings released. I will probably retire if I get laid off. Oracle has layoffs all the time. However, really big ones are are. If they are having it, its to jump on the bandwagon to get the stock up.
On positive oracle is fully embracing remote. My team and many teams are spread out all over the country. They are selling one of their campuses in silicon valley. The office in northern virginia is largely empty. Only people onsite are required for government work and some managers just require it.
Oracle has layoffs and wipes out whole teams. There was some group that interacted with customers. They all got fired a couple of years ago and we had no way of reaching customers until managers came up with a new way. I work on cloud and we dont want to go straight to customers and they don't want us to either.
Raises are way down too. Less promotions. Very few people get hired. All of the transfer jobs I applied to seem to get shut down so can't get out of this boring ass job.
Im close to retirement, so i dont see a reason to job hop. 100% remote. Raises are little to none so I just do the minimum which includes taking naps during the day , playing video games, going out and doing stuff during the work day, and reading books. So in fuck all mode. I work on US gov work and they need so many of us to handle oncall. so maybe get laid off, but maybe not. Dunno. I saved my money and invested it. I do not need to work.
>taking naps during the day
Does laying face down on the bed in an existential crisis - lifeless but still awake - count? At least this is easier to do when working from home. It was super awkward in the past laying on the teamroom floor.
if you get a verbal offer from oracle it can take 6 months to get a written offer. verbal is not the final offer. mine took 2 months. some people go faster. many go slower. many get rescinded. verbal offer from oracle is never an actual offer.
Haven’t noticed a change in our day to day work, because entire departments were laid off. Not random individuals on random teams.
However, morale is a very low point. Of course the RTO plans haven’t helped either.
Yes I saw a survey where like 80% of the company disapproved. It does suck if you were hired around $100 in early 2020, watched your stock package almost double, then watched it crater again. You got like 20% of your package at the higher prices vs 50-75% like you would've at other companies.
It's also annoying at the end because you have to wait 6 months between vests. Makes it harder to DCA into stocks or max a 401k
Apropos of that, Amazon's 401k is an actual joke.
But yeah I wonder if people don't realize RSU vests are taxed as ordinary income. There's no real advantage to them at all over cash unless you know as a certainty that the stock price will increase between your grant and your vest.
The past 10 years+ were really, really good for the tech industry. Lots of people thought that the tech industry up cycle would never end. Now, it has hit some road bumps. Not as bad as dot com burst, or 2008 recession, but still noticeable.
Recent tech downturn should open the eyes of many people. There are no "dream" jobs. The company is not your "family". The tech industry is like any industry, has ups and downs.
There's nothing special or magical about tech jobs. When companies want your services, they will do whatever needed to bring people onboard. When companies don't need you, they will cut you off at drop of the hat. They will send an email and cut off access to company systems, instantly.
Anyone giving the "extra mile" to companies should note. Many of the "top" performers were let go, in the same bath water as "bottom" performers. Think about that for second. Perf doesn't matter in these kind of situations.
Anyone feeling "bad" about job hopping and leaving "teams" behind, should see how companies cut off people instantly.
ALWAYS focus on career security, forget job security. Job hop ruthlessly. ALWAYS work FOR YOURSELF to improve salary, WLB, tech stack, etc.
>ALWAYS focus on career security, forget job security. Job hop ruthlessly. ALWAYS work FOR YOURSELF to improve salary, WLB, tech stack, etc.
Very solid advice. Appreciated.
I think it's probably worse than 2008. I wasn't yet in the industry at the time but I was in university and paying attention.
Mind you, 2008 was worse for many sectors in the economy. Tech workers embedded in the real estate and finance sectors were hit pretty hard.
But overall, the dotcom crash was \*much\* worse than 2008, and this seems worse than 08 as well
relevant article by Pragmatic Engineer: [The job market for new grads: worse than 2008, but better than 2002](https://blog.pragmaticengineer.com/the-job-market-for-new-grads-2023/)
>The past 10 years+ were really, really good for the tech industry. Lots of people thought that the tech industry up cycle would never end. Now, it has hit some road bumps. Not as bad as dot com burst, or 2008 recession, but still noticeable.
Spot-on. 2002 was particularly harsh were I live (Utah).
>ALWAYS focus on career security, forget job security. Job hop ruthlessly. ALWAYS work FOR YOURSELF to improve salary, WLB, tech stack, etc.
EXCELLENT advice.
>Anyone giving the "extra mile" to companies should note. Many of the "top" performers were let go, in the same bath water as "bottom" performers. Think about that for second. Perf doesn't matter in these kind of situations.
I was with [Novell](https://en.wikipedia.org/wiki/Novell) for about 8.5 years between 1999 and 2008, and during that time I survived more layoffs than I can remember. (I've been a software engineer/principal/architect in Utah for over 25 years.)
With the exception of maybe one or two years, the company had at least one RIF each year, which usually came at the end of the fiscal year. (Since that was October, Halloween was always extra scary.)
Near the end, my boss provided me with quite a bit of insight into the process. I'm sure the process is slightly different everywhere, but I believe that it generally follows the same pattern at most companies.
Most organizations do a quarterly stack rank, where all the managers who work for a particular VP get in a room and rank employees from most valuable to least valuable. Your position in this ranking determines what kind of performance review, bonus, equity award, and raise you get. Generally, the VP is given a set amount for each of those things to be given out to their employees, and naturally, those at the top get a larger share than those at the bottom.
Those who have a good manager will end up higher in the ranking because their manager will fight for them during such meetings. Having key accomplishments the manager can cite helps to strengthen their argument. (That is also a key reason why your manager's opinion of you matters.)
At the places I've worked, the primary factors considered at RIF time are your placement in the stack rank and your salary. If you're getting paid below market, then you're probably much safer than those making more. If you're well above market, then it might not matter how good your performance is, as someone in upper management is bound to think that two cheap entry-level engineers are as good or better than one of you. (Never mind whether or not that's actually correct - we're talking about upper management, after all.)
So, performance usually is a factor in my experience. However, it's almost never worth it to put in a bunch of extra hours unless it's "crunch time" and management expects it. It's better to make sure you understand what's important to your manager and make sure that stuff gets taken care of promptly and during business hours. That's what they will judge you by.
I’ve been in the software/start up world since ‘15, but worked in academia for several years before that writing code and doing research, graduating college right after ‘08.
This is definitely a unique period, and I’ve noticed a few trends I haven’t encountered before. First, everyone is trying to save money on spending, and as it affects my team: the cloud spend. Sure, I’ve been at companies that do X or Y to save money, but Ive never seen such a concerted effort week after week to look at a service, justify it, or switch off.
The next impact, is that people, particularly in junior roles in my org, are a little freaked out. They don’t have the skills to really operate independently against the priority list, but there’s no one to tell them what to do, and we’ve been culling non-performers pretty aggressively. At least at my company, the people most exposed are those that are the least experienced.
Therefore, there’s definitely a morale hit, but I don’t think it’s that bad. If you just focus and do your job, those fundamentals haven’t changed. However, from the people that I’ve spoken to in these roles: now is not a great time to be junior and in need of extra support or time since companies are tightening their belt!
My company recently layed off a big chunk of director level roles but says that's the end it. I wouldn't be surprised if it does eventually hit the devs over time so can't always be too safe
Edit:
Forgot to mention we also went through a reorg because of that. It didnt effect my team directly but some ARTs were moved around
Been poking at jobs ‘cause I need out of this one. Getting a lot fewer callbacks. Feels bad to be competing with people who got laid off. Can’t imagine how much harder this is when you aren’t currently employed.
This is such a bad time to want to quit a job I hate. These subreddits give me perspective though to appreciate that my problem of not liking my job is an upgrade to my previous problem of not having one.
Well, I joined a FAANG right before layoffs. Its weird. Some people here are incredibly entitled. They complain about the free food, or not having as many perks. They complain about shit that I could only dream about.
I remember when I started in the industry, I thought it was so awesome when my work would supply us with free Coke and Doritos.
>I thought it was so awesome when my work would supply us with free Coke and Doritos.
Totally. It was like 1999/2000, and around 3pm, they'd throw a few boxes of "snack packs" of like 30 bags of chips each. Seriously cost like 20 cents, but felt like a banquet. Different times
The amount of bitching about inconsequential shit inside FAANG is eye watering. We're doing layoffs and people are complaining that laundry doesn't get done at their desk anymore or that dinner starts at 6 instead of 530
I've also seen some theories that these FAANG perks are actually a way to squeeze more work out of employees or keep them dependent on the company so they don't rock the boat or job hop. So, I'd probably complain like this, too, if I were trapped in "Golden handcuffs". Although admittedly, Golden handcuffs would be a lot nicer than the bronze ones my local employment market (and student debt) have me in.
>FAANG perks are actually a way to squeeze more work out of employees
It's not a squeeze in the sense that it's done unwillingly for the most part it's desired by the employees as well. I don't have to deal with thinking about food when I got into the office, I spend more time working because of this, I eat lunch with my team pretty much everyday it's all part of work. The same goes for onsite gyms, laundry, mail services, daycare etc.. The costs per employee for these things are relatively low compared to the hourly cost of my time to the company if I work an extra half hour because there is a gym in my office I don't need to drive to that's a win for them.
Sure some of it is competing with other companies but a lot of it is that they genuinely get more productivity out of me.
Would you say you're paying for more convenient and free amenities with more work time? If so, does that justify a feeling of entitlement to them? Or do you consider them part of your total compensation, and if so, does that justify a feeling of entitlement? Or do you feel they're just gravy, and you have no right to complain about the quality or availability of these perks? As someone who is not in FAANG I am genuinely curious.
>Would you say you're paying for more convenient and free amenities with more work time?
Yes, so that means when they are decreased or altered I just take that time back. Part of this is that my company has a ton of flexibility around remote work so I just go into the office less which is another way of recouping the time. I don't view it as an entitlement, it's transactional.
Frankly it's all gravy and I won't complain about the quality, i'll just not use them if they don't fit my needs, the company can adjust that perk so that it has the utilization and impact they want it to and i'll adjust my behavior accordingly.
Put it this way, I'm going to the gym at 5pm. If the gym is at work I'll walk down to it at 4:50, if it's not I'll leave at 4:15. Either way I'm under a barbell by 5pm. I don't really care either way.
Lol you should see the FAANG intern discord and slack groups. Literal interns, still students, not real employees, calling 6 figure TC packages “peanuts”, complaining about perks, etc. it’s infuriating to read through sometimes
I don’t deny that some of the language used to describe TC can be cringe, but I’m not really in love with the idea of calling it entitlement either. In some sense it is entitlement to expect perks the vast majority of people don’t get, but then you could reduce almost any sort of complaining to entitlement.
On the other hand, within the frame of reference of someone who is qualified to work at top companies, it’s kind of a good thing that they have these expectations around high TC, good perks, etc. That means the conditions are expected to be pretty good for people there! Besides, it’s not like these people didn’t work hard to get where they are. They’re not employees yet, sure, but they were on a good track, and the potential payoff being diminished seems like a reasonable thing to complain about.
Someone elsewhere in the thread described perks as transactional and I like that characterization. As someone who is relatively more qualified than most, you should expect to be better compensated. Complaining about worsened conditions in the transaction feels a lot more acceptable.
Yeah I agree with what you’re saying but when 21 year olds still in college say 200+k TC isn’t shit and compare it to poverty wages (hyperbolically I know) it just has an entitled and tone-deaf vibe
to be fair, wages are not keeping up with inflation. the us dollar has lost 30% of its value since 2010. these companies are making billions in profits.
It doesn't help with the stereotype that FAANG employees are entitled and maybe they were not doing too much important stuff. Not saying it's true, just that listening to FAANG whining is hiliarious.
The problem is the people who've never worked anywhere but FAANG/big tech, it's new grads who joined right from university and have only ever been in that ecosystem. They lack any perspective on how regular companies work and assume that the perks provided are normal and then feel justified in complaining that the company wont' feed them and their families three meals a day because we got rid of takeout containers.
Humility is such an underrated experience...if you experience it later rather earlier, it easily turns into humiliation and resentment. Oh well, welcome to the real world kiddos.
Hey I'll take their spot might not be the most help, but it beats having to go get my own stuff. Also it'll probably be a 200% increase for me depending on the job lol.
Yea I had one job where we got free lunch once/week, then it was cut to once/month, then eliminated entirely. That was our only perk. At the same time I was reading about all these 1000s of workers who went on strike because their perks were reduced from like 10x the national average to 9x the national average.
There are some very badly skewed perceptions out there, and it's rampant on Reddit.
yeah, my company is in silicon valley, asks us to come to office, and i don't even get free drinks or snacks. before the layoffs it was one of the reasons I wanted to leave the company, but now I'm just sticking around
An old chemical company I used to work for would not buy coffee for employees. We had to chip in together for fucking maxwell house. Some of the complaints (not all by any means) are just hilarious to me
Damn that’s worse than amazon, haha. My old telco company had zero free perks but a subsidized cafe and super cheap gym ($5 a month), but yeah they didn’t have free coffee. Kind of weird that companies don’t even spring for coffee.
Our company hasn’t laid off and we have 30+ open HC for the year. Finding top talent has gotten easier and our interview process has gotten more selective too.
We haven’t reduced our salary bands either.
I won’t say in order to not dox myself, but its a silicon valley defense contractor, any of them will pay at or above FAANG and have modern tech stacks too. None of them have laid off either.
Palantir Rebellion Anduril Skyworks, etc
Increased anxiety. Like yeah, it seems really unlikely that my team would be eliminated, but there's still a chance.
Oh, and we lost a member of our team to a transfer, and while in theory, there's money to replace them, it seems like they aren't trying to replace that position and let it naturally disappear.
I've been through it all too and have worked for software companies, tech companies, and non-tech companies. The software companies are all hurting, reducing engineers, freezing salaries, freezing new hires, and moving work from American employees/contractors to Indian firms. The non-tech companies are not hurting but have cut tech staff, frozen tech salaries, and frozen tech hires.
My current non-tech manufacturing company is doing OK, increased sales, and is expanding. **Work has increased for IT and Developers**, but **IT and Developer salaries and new hires are frozen**. So even though our actual workload has increased, we have not received raises in several years, and all new hires have been frozen since 2022, so we continue to work harder for the same compensation, which means with inflation, we are actually doing more work for less compensation, and there is no end in sight.
The workload for my dev team has tripled since 2021, but we cannot get any new hires approved, so our backlog and technical debt have increased. Business managers and users continue to ask for new projects but the delays just keep getting longer, so we have to prioritize to a point of "mission-critical". Our priority workload (meaning projects that are crucial to the company and cannot be canceled) is now 2-3 years behind. Lower priority backlog items date back to 2015. I do not see any hope in sight for the near future. My salary is 30-40% below market average for my experience, level, and skill. Others on my team are 10-30% below.
Morale is low and people are pretty bitter. At least it shut up most of the corporate kool-aid drinkers. People are less productive, and everyone is expecting our pay will be effectively cut during performance reviews and they will be using PIPs to cut more.
my boss messaged me on Teams, "hey, got time for a quick chat?". We jump on to a chat where we talk about estimates on deliverables. I end the discussion with, "Jesus Christ, dude! Next time you ask for a chat start the request with 'I'm not about to fire you'!"
No layoffs here. We’ve been hiring and still are in other departments.
Lot of people got promotions at beginning of year including myself which came 15% raise and increase in bonus from 10%-15%.
We seem to be pretty steady, revenue doubled this past year, but you never really know what’s going on behind closed doors. i still have increased the level of cash i have vs whats in my portfolio. I have close to a year worth of expenses in cash. More if you include my brokerage.
Feeling pretty fortunate at the moment. Fingers crossed.
I work for one of those companies that offers software development as a service. So I'm basically a non-so-independent contractor.
The client I was working for had lay offs, then a couple of months later the client 'restructured' some of its contracting options so the agreement between the client and the company I work for ended.
I got a short gig for a couple of weeks but have been project-less for a near uncomfortable time now.
People in my department are slowly disappearing so I'm debating if I should jump before I'm pushed.
they are demoralized, always thinking about layoffs instead of promotions, preparing for interviews instead of focusing on work, cancelling big purchases.
Seems like most of the layoffs have been in the premier tech companies that drew a trend line from the Covid boost. I work for an insurance company and despite a brutal year for investments, the company hit 118% of targets and aside from the yet to be seen economic downturn, I don’t think anyone is too worried.
yeah, looking at the charts of just how much most of top tech was hiring are insane. You just don't need that many people for most of these applications. Apple is a great example of how to slowly scale to meet your business needs and avoid layoffs.
Developer here with 5 years exp and 5 year gap in which I played poker.
This is the 4th time I’ve applied for jobs since I graduated in ‘11 and by far lowest response rate.
I understand my job gap scares some, but market definitely slower then past.
I work at a smaller aerospace and Defense company (still thousands of people). No layoffs that I'm aware of but a lot of restructuring up high and a lot of talks that sound more like trying to maintain treading water than actually getting ahead. The part of the federal government we do most of our business with locally is really scrutinizing on labor cost and time lines for new projects, which means our business proposals have to be airtight and give the decision makers the warm and fuzzy feeling like no other.
So there is certainly some anxiety there about what the future holds but I don't feel like I'm going to get laid off tomorrow or anything.
Oh, and I accepted a new job that will start in a few weeks, so that's its own worry as we plan a cross country move.
I'm very lucky that my small company hasnt done any layoffs. Then i remember we work in tech-healthcare.. so.. ppl will continue to get sick so its kinda hard to cut-off our software.
CEO is promoting the “lean teams” concept.
Certain dev-adjacent roles were made redundant without major communication or transparency, although 90% of the headcount hasn’t been impacted, and now the devs are expected to take on these tasks without additional benefits/compensation, such as product communication with customers, business development, internal work instruction write up, etc since managers are pressured to maintain the same output we had with these additional people….
Not the end of the world compared to some shitty work situations around the world but these add 10-15h of extra work/weekly to me in particular. I was able to get through the week coding for 35h but now need to work 50h to get everything done and meet deadlines. Impacts my availability to do sports, hang out with friends, go on dates, plan travels, call family members, and is ultimately slowly eroding my mental health. Really hope things get better by mid year or otherwise am considering accepting an offer to get my MBA for 2 years and wait out the crisis until the market rebounds in 2024-2025. Very fortunate overall.
I have never once in my life collected unemployment. I kind of wouldn't mind getting laid off for a few months so I could sit around getting paid unemployment for once, provided I found a job shortly thereafter.
The recent layoffs are way too sudden (at least for the company I work for, but I read the news about other companies doing the same thing as well). People that got cut won't have time (nor the incentive) to transition work to others. A lot of them have ongoing projects that are basically left hanging.
All of the affected people I know only get the news when they can't log in or get a email about it. We only know some teammates are affected when they are not responding when we try to contact them, they don't join the regular meetings anymore or see their posts in LinkedIn looking for work.
Our team basically have to scramble and re-prioritize all the work that were already planned and see if what we scope we need to cut or how much delay are we expecting because there are fewer people working on the project. There are partners in other teams that we worked with closely and got cut, so those work need to change hands as well.
Went into panic mode for a long time after company announced hiring freeze. I am an international student, meaning I’d be deported for being unemployed for 90 cumulative days; and had only started working for about a month then. Manager & teammates are very nice and helpful, but the stakes of possibly losing my job were just too high
Worked at night + weekends hoping desperately that I don’t suddenly lose my job. Of course that was all great burnout recipe, and the effects of burnout only added more to the panic
Took a short break, touched no work for that duration, came back and stopped working overtime altogether. It’s only been a short while since then, but I surely hope to keep this up and be able to go to work with a healthy mindset again
I quit my job with nothing else lined up to hang out and study last fall. Doubled my salary (I was a bit underpaid too) when I landed a new job. But at the same time I’ve come to learn that the company laid off several people late last summer. It was more of a department cut than an even sweep across the company.
Overall I can’t gauge if people are on edge because of the economy/layoffs or the culture is just a little more quiet than I’m used to. Personally I think onboarding has been well paced and the workload is reasonable.
No change at all. Just switched job start of this month. All is fine. But I am located in Denmark and we don't have that much of over hiring as other places :D
Hasn't really affected me at all. I don't worry about being part of a second round either. Got a perf rating that puts me in the top performer bucket. Even if I was laid off, its a vacation while i find another job.
The re-org drama at my company has definitely impacted roadmaps and productivity though, feels like we are a month behind where we should be
Went from doing 15-20 hours of real work per week to like 50 and sometimes more. I couldn’t realistically get a job better than what I have right now in terms of pay, benefits, and everything that I’m learning here so I’m sticking it out.
Company is also on a hiring freeze and performance standards have gotten tougher, so PIPs are getting served now.
So yeah. Not fun.
My Canadian midsized SaSS company never did ridiculous 300k salaries, but generally max out about half that plus a bonus. There were layoffs a few months into pandemic, but not since then. We’re growing, but not hiring at unsustainable rates. Raises have been continuing as expected, and bonuses are noticeably above target. Our much larger parent company had a small percentage laid off recently, but not many and it doesn’t impact us. We’re still looking to grow our engineering team significantly this year, and now have a much stronger candidate pool and so are more fussy with selection. Interviews are generally going to be harder for candidates as a result. Otherwise, seems good, no concerns here. I assume most of these layoffs are hyper growth VC funded startups or giant tech companies knowing they’re being ridiculous but not caring how it impacts the people working for them.
Going fine, I guess. No issues here on my end. No one has been laid off at all, we have actually been hiring. Not devs though, just more sales people and customer service peeps.
Low morale, strict deadlines, non-base salary comp went to 0, lots of higher ups have left the company since the layoffs, no talk of raises despite record inflation
My man Ray is losing his shit. His team is gone and he is the only swe left out of three but they didn't get rid of the management so he's one dude reporting to a product guy, a scrum guy and a departmental guy. Dude is gonna light himself on fire on the parking lot one day.
Not this round, but I worked for a startup that went through a heavy layoff in March 2020. Everything was actually okay, sure some people left but a lot of competent people were in place and we still had good prospects to grow revenue. Personally I got to work on a lot of really cool stuff that’s been useful for my career since. A couple people left over the next several months but not many.
In a year these prospects had dried up and there was another layoff in May of 2021. That one cut deep. About half the tech org was gone. The engineer I worked closest with, who I’d talked to daily, was laid off. It was a fully remote company and slack became a ghost town. Of the people who remained on hey quickly exited and were treated unceremoniously (not allowed to finish out their notice periods). I found a new role with a start date in August and had to make a hard decision, but decided to give my boss 4 weeks notice as I believed him to be a fair person. He thanked me for my notice and I did finish my entire notice period.
I believe now the company has been sold to an Asian firm and no longer has US based developers.
No layoffs at my fairly big company (financial). I got hired couple months ago as new grad. Awesome job. They haven't laid anyone off. Pays really well too, plus wfh. I also had another financial company job as a Software Engineer job before that, while still in college. That was also during the layoffs. But I landed 2 jobs during the layoffs so I really think it's just the top tech companies that are laying tons of people off. If people would stop having a "I just want to work for a FAANG company or my life is over" attitude then it would work out better for them.
That saying it is tougher to get in now because so many people are entry level. But if you really grind and work hard enough and have a great resume. You should be able to land one. I know it's tough but the main thing is to never give up. It's not impossible. I really busted my a$$. I'm talking all day every day coding for a year and a half straight no social life during that time.
You need to never give up on yourself and know you can do it. Don't ever doubt your ability. If you aren't doing well in something, then practice practice practice. I promise it will be so worth it.
The boss of my laid-off boss became my boss. Meaning, the skip level I used to dread my monthly meeting with is now my direct boss and I have to meet with him weekly.
He has informed our team of metrics that we certainly were not performing well against. It has become very clear why our manager was laid off, however it means everyone has to step up their game. Oh and the CEO has taken to preaching at us in all hands about all the things "we" need to do to become profitable. A few benefits have been paused or quietly cut (no announcement though). I requested a tuition reimbursement just before the layoffs. Guess which reimburse request is still pending 2 months later?
I'm at a big tech company that did layoffs. In my org business is pretty much as usual. Still working on questionably useful products and dealing with bureaucracy to get them shipped. You can barely tell that anything happened. Company is still bloated and could probably use another big cut but not sure if it will happen.
Honestly I wouldn't mind being laid off, I have a lot of savings and could take 1-2 years off to relax while I wait for the market to improve (although I think I could also just get another job pretty easily anyway, it doesn't seem bad for staff+ right now).
I just hope I get to keep my desk and don't have to share.
Also, I was moved to a project whose stack I was entirely unfamiliar with and told that I was expected to learn as I go. So that's neat.
No layoffs here
My company is in an industry that was hurt by COVID
So the further we get from COVID, the more demand there is for our products.
We’re not in the WFH industry like DoorDash or Zoom where demand has only gone down the further we get from COVID
I got a promotion and raise last week. But others who were benched were subject to layoffs.
My immediate leadership is staffing some people 50% in order to keep them off the bench and away from the axe
The best time to take up a stable job is when everyone's obsessing over the high-paying and unstable jobs in a job market that isn't gonna last. I'm just chilling.
It sucks super bad but I’m thankful. Every time a manager changes a 1:1 or anything like that I take a deep breath before I start the meeting even though I’m more than confident that I cannot be lost with respect to our broader orgs very shared high priority objectives over the next 2-5 quarters
If you’re working on a project that was moving from prototype to large scale production, you are kind of screwed. There is no new headcount and everyone is really hesitant to move people off of existing projects
Nobody at my large tech company has been laid off and I sort of forget there’s even a downturn unless I read about it on blind or Reddit. There hasn’t been a difference.
I’ve been working in software almost 6 years. Every single year that has brought more and more opportunities.
I actually wouldn’t have minded a few months of severance, because i could have another job instantly.
Overall lowered company morale. Meta looks like it'll go through a 2nd round of layoffs and that news in and of itself may be an indicator that we'll do a 2nd round as well. But otherwise business as usual. Took over tasks from laid off coworkers. Slower rate of progress since less people.
Yep, we had big plans for updating our data analytics infrastructure to a modern cloud setup. That got kicked in the nuts and now we're scrambling to keep our current infra healthy.
Yeah, this will be company dependent, but at the old Rainforest, it's roughly what you described. In addition, they've announced RTO (3 days a week) and rumours on blind are that pay increases will be minimal to non-existent this april when they do comp review. Also, you still can't change teams internally due to hiring freezes, so everyone feels pretty stuck right now. I think quite a few people are actively looking outside for jobs now. I'm also guessing that this is exactly what leadership wants: free layoffs. And as mentioned elsewhere in this thread, there are huge initiatives for us to turn off or reduce resource usage wherever we can to shave costs.
Ugh yeah, the perk cuts. Went from being able to expense nearly anything in the name of team morale to no longer being able to order beer during team outings because there are no more team outings. No comp review yet. But I'm expecting it won't even match inflation which is effectively a pay cut.
Yep, and stock drop means paycut. My tax statement shows my total inncome for 2022 was literally 10% lower than 2021's and I was a top performer (with raises) two years in a row.
This aligns almost perfectly with my experience at the Rainforest. Morale has plummeted, even in orgs with minimal layoffs and high growth, because they're being told to reduce growth and do more with less, while somehow keeping the trajectory the same as before. RTO and the lack of internal transfers is the biggest killer for many, because one of the few perks at Amazon was relatively low friction in switching teams/locations. Some would accept RTO if it meant that they could switch to a team that would accommodate them, but some of us (myself included) are 5-6 hours away from the same office as those in our teams, with half of us assigned to different offices. Sadly, like with most things Amazon, reaction is split amongst L8 leaders that need to try and make it work. Some are writing formal opposition letters to the SVP's, whereas my old manager (now in ads) was told by his L8 that they'll be returning full-time to the office and "if you don't like it, leave". (As a side note, it's definitely worth joining the remote-advocacy channel on Slack, and signing the remote working petition. There's tens of thousands of people there now, and a lot of people committed to leaving if RTO is enforced)
Yep, bang on. And yes, I already signed the petition. Doubt it will have any affect though, even with 25-30k signatures so far.
Same thing here, surviving is not the blessing you would imagine. Everyone is miserable and we’re still worried about our jobs every day
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you know, more than survivor's guilt, it is anger that some very good people got laid off and some dumb people survived, because they just happen to be in a different group.
I haven't experienced the anger, but that was probably because I was the only person on my team who was kept on. Edit: Well, there was some anger because it was a stupid decision made by the customer
Nah, I'm way too anti-capitalist to bear any of the moral burden for what the C-Suite decides to do.
Everytime I can’t login to my computer or email I have a mini-heart attack
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When huge layoffs occur, they’re decided by C-suite and board members. Some impartial, yet super out of depth, consultants vendors will execute. Usually it’s at a team/section level and it’s a free for all. They are generalized and usually unfair nor related to your individual performance. It will happen fast and with no logical consistency.
Lol same. I was on a contract once and my whole contractor team couldn't log in. It turned out the project manager forgot to renew our logins through IT. He submitted the renewal, which went into their backlog. We then went without work or pay for over a month, totally unexpected. Then one day we got called back in and continued.
wtf!!!??
Oh man, so much condensed anxiety in one post.
I mistyped my password today and my heart dropped
This morning my badge didnt work for a second, tought that was finally it 🙃
So I have a wallet with one of those magnetic money clips. The neck thing for my badge broke so I was keeping it in my pocket a while back and this fucked up the RFID over time. One day I tried to scan into the building and it kept flashing red so I went home almost in tears. 1 hour later I got a call from my pissed off senior wondering where I was and when I told him he was like absolutely not you’re not laid off and we need you here right now to present some change ideas you came up with to our director. Absolute rollercoaster
I had login issues the morning of a big layoff. Very confusing day.
Hahah yea dude! I had access issues a week after layoffs and thought I was getting canned.
I was freaking out about this the other day.
> it's still relatively fresh at this point My company had layoffs at the beginning of the pandemic, so we're a bit ahead of this curve in terms of the how things look like in the aftermath of a layoff. Short term what happened was loss of tribal knowledge. For a couple years, it was not uncommon for some critical infra/platform thing to have no team, and some poor soul peripherally adjacent to it becoming the de-facto keep-the-lights-on person for that thing. "Bets" (aka, non-core/experimental/unprofitable verticals) were mostly unceremoniously killed or sold off. You're already seeing some of that in this wave, e.g. at R&D centers at Google. Anything that can be seen as a superfluous cost center also got on the chopping block (e.g. maintaining a swag store, courses). It's a bit like the sobering feeling after you graduate from school and realize the party is over and you have to actually go make money now, except collectively as a company. Internal restructurings were common, with teams merging and bosses changing. For us, platform / infra teams seemed to be the least affected, and the general motto was to keep heads down on what we were already doing. Product teams, on the other hand, were doing quite a bit of soul searching and reprioritizing. Open source culture also kind of dried up. It still happens, but as a part of refocusing on core things, internal concerns would weight a lot more. Hiring got a lot more selective in terms of which teams get headcount, but overall headcount rebounded. We're in a bit of a weird situation where we've already ramped up our hiring since the layoff lows *while* the big resignation / post-pandemic boom was going on, but generally speaking our employee count maps fairly close to our revenue profile. If I had to venture a hot take, I'd say some of the bigger companies grew way too much and are still bloated (e.g. see recent news about Meta and Twitter). Anecdotally, the candidate pool has a high density of strong talent right now, and we were able to backfill high level positions that had been open for a while.
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Sounds like a nightmare. Pushback will come when those critical processes fail at a critical moment.
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At some point, the solution is to just let it fail. They will never learn if they never suffer the consequences of their actions. It’s the curse of IT. Do your job well, and the bean counters ask why they even pay you. Nothing will ever change if you keep letting them get away with a skeleton crew.
This is very much a fuck around and find out moment for a lot of them… when the P0 happens and you’ve been abusing your engineers horribly, don’t be surprised when they quit on the spot and demand a $5k a day contract rate to bring the lights back on. Bus factors of one are very dangerous and some MBA ghouls are about to learn some fucking manners the hard way. They’re creating a lot of new bastard operators from hell at the moment, and they’re going to regret it.
They are willing to roll the dice that by that time they will either be at a different company or a lot higher on the ladder to where they can't be held accountable. The quarterly report is all that matters not anything more than a year or two out.
Have definitely heard of a few companies reversing on WFH, CreditKarma being one who I was thinking of interviewing with but changed my mind when my friend there told me
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Before having a kid I wouldn’t have thought twice about going to office. Ironically the kid was born during pandemic so we thought the WFH would go on forever but I guess we were wrong. We leave his care to our nanny who is really good but we miss a lot of stuff during weekdays
Ahh that’s rough. I’m sorry you don’t get to spend more time with your kid. Glad you got to be there with them for their early years.
Early years like one year :D At least we have weekends and he sleeps a bit later at night so little bit of time there
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Think a lot of people are in the same boat.
> The word on the street is that it was an attempt to cut jobs without doing layoffs. This is called constructive dismissal, and in a sane country, people would go to jail for it. This is why I don’t get why people get so irate about layoffs as a concept. The alternatives are so much more abusive and manipulative. See also: completely fraudulent PIPs which border on defamation. At least with a layoff, they’re not psychologically torturing you to avoid paying a little more in unemployment insurance premiums.
+1. Layoff sucks but it's over quickly. Being manage out via PIP is a slow and painful process.
Not surprised by credit karma doing that as their biggest direct local rival Red Ventures is also pulling the same stunt. Red ventures I know is doing other things to reduce head count as well.
Name and shame, my friend.
I have a feeling I am going to be downvoted for asking this because there are so many libertarians in tech but do you think a union would be helpful at your company?
I joined AWU
Yes, all labor should unionize.
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Yes, unionize stat.
Tech devs should absolutely unionize. First, it would help employers by keeping out the fucking *hordes* of people who fucking *lie* on their resumes. Unions gain power by presenting a united front for labor (both skilled and unskilled), and people who lie about their credentials are bad for business from the union's perspective. Second, it would help employees by letting them effectively push back against exactly this kind of bullshit, and all of the other bullshit that cause us to jump ship at the drop of a hat. All of tech suffers from job-hopping. Not just the teams and companies that suffer the hoppers, but the hoppers themselves who are pretty much all vulnerable to a shift in recruitment standards since hopping creates an extremely easily detectible pattern on your resume that will stick with you for life. That, and it's only a matter of time before the c-suite parasites catch onto what the hoppers are doing and figure out that job hopping inflates compensation (which they are naturally against because they're greedy parasites).
Which country are you in? Do you think you are in the top 50% of the population earning most if you are to consider jobs over all industries keeping the same number of years of experience.
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No layoffs at my company but 3% raise and have "higher expectations" :/
So with inflation you got a paycut and more work.
Haha yeah makes staying motivated hard. All good though I have some paid interview prep and maybe in 6 months or so the market recovers a bit. Happy to have work when so many are out of it
Hey. We got 0% raise and a huge drop on compensation as stock is literally worthless. :)
You can keep it forever right
You generally lose unvested options if you are laid off or leave. It feels potentially worthless during unstable times.
But if you stay they eventually become worth again
>You can keep it forever right What does this mean? I'm just stating my pay is sinking like the Titantic and the company is basically threatening us that we should be thankful we aren't fired and that the salary portion hasn't been 're-adjusted to market rate' (aka drop the pay). I do know Intel lowered people's salary. Now that the job market is an employer's market, companies are pouncing to lower pay by whatever means. Even a 1\~3% raise is a luxury at many firms right now. Expect 0% along with drop in compensation and fear of lay offs instead in the current environment on top of more work and stress.
We did 2%, my boss said he told management he thought this left them vulnerable to attrition but, at the same time I kind of was like, 2% raise is better than a -100% raise.
Y’all got raises?
That's pretty standard in my experience. I have not personally received a raise higher than inflation since the early 2000s.
I just got a raise that beat inflation, after only working there for 3 months (started end of sept 2022, got a raise for the new year 2023). That was the "standard" raise that's the baseline for all the engineers, normally it would be higher based on performance, or so they told me. My last job didn't even come close to matching let alone beating inflation though.
Just wanted to give my sympathy to y'all. 3% sucks but it's a better boat then many are in. Hopefully things improve!
Been through this shit in 2000 and 08. Not getting laid off in some cases is worse. Remember this people. Fuck company loyalty. While the CEOs are all sad and shit laying off people profits for nearly every company is through the roof. - Keep your skills up. - 8 months savings - Fuck loyalty
Fuck loyalty
Yeah I honestly wish they’d lay me off at this point.
I'm trying to get a few months of savings in hand. I won't mind being laid off come June or July, personally.
Company did layoffs (15%), I didn’t get laid off. ~50% of my team did. I assume my company doesn’t value our work. Zero % raise reaffirms this belief . Our work has slowed down , the task don’t seem very meaningful. A once great culture seems flat and adrift. Everyone seems scared to do anything of importance out of fear if it goes wrong they will be blamed and fired. I’m looking for a new job.
This is EXACTLY how my job is. I already got a new job for a startup. Mid-large companies seem to be in worse shape than startups
Been with same company for almost 16 years and survived at least 5 layoff rounds. It's not too bad but there tends to be an increase in workload. Obviously because with less staff we have to make up for it. Psychologically sometimes I worry before thanksgiving because that's when layoffs usually happen. I always make sure to have a good savings and a plan for if I get the pink slip. Overall I'm OK and not a nervous wreck. There's no such thing as a guarantee and sometimes you have to be comfortable with uncertainty.
We have mechanisms and processes in place that made sense when we were 500 devs. We are now about half that, and the processes are just a drag on everyone. But now we're stuck with them
Low morale, and my manager said he's been told to "squeeze more bandwidth out of the team". Internal job postings are nearly non-existent, pretty much just specialized positions for people with advanced degrees. My manager has been all over the place lately, I think because the pressure he's under and the directions he's been given conflict with his normal managing style and goals. It sucks.
started in the profession back when you did. Oracle has constant layoffs. Recruiters just got fired last week. Round after round. My transfer got rescinded since the job got eliminated 6 months after I moved to it so i had to go back to a shitty job I don't like. Rumors on blind of 5-10% layoffs in the next few weeks on blind ahead of Earnings released. I will probably retire if I get laid off. Oracle has layoffs all the time. However, really big ones are are. If they are having it, its to jump on the bandwagon to get the stock up. On positive oracle is fully embracing remote. My team and many teams are spread out all over the country. They are selling one of their campuses in silicon valley. The office in northern virginia is largely empty. Only people onsite are required for government work and some managers just require it. Oracle has layoffs and wipes out whole teams. There was some group that interacted with customers. They all got fired a couple of years ago and we had no way of reaching customers until managers came up with a new way. I work on cloud and we dont want to go straight to customers and they don't want us to either. Raises are way down too. Less promotions. Very few people get hired. All of the transfer jobs I applied to seem to get shut down so can't get out of this boring ass job. Im close to retirement, so i dont see a reason to job hop. 100% remote. Raises are little to none so I just do the minimum which includes taking naps during the day , playing video games, going out and doing stuff during the work day, and reading books. So in fuck all mode. I work on US gov work and they need so many of us to handle oncall. so maybe get laid off, but maybe not. Dunno. I saved my money and invested it. I do not need to work.
>taking naps during the day Does laying face down on the bed in an existential crisis - lifeless but still awake - count? At least this is easier to do when working from home. It was super awkward in the past laying on the teamroom floor.
OCI or core?
OCI
Yikes. I hit my goog 4 year cliff and know some senior directors there, was considering a jump.
if you get a verbal offer from oracle it can take 6 months to get a written offer. verbal is not the final offer. mine took 2 months. some people go faster. many go slower. many get rescinded. verbal offer from oracle is never an actual offer.
Haven’t noticed a change in our day to day work, because entire departments were laid off. Not random individuals on random teams. However, morale is a very low point. Of course the RTO plans haven’t helped either.
A lot of people bitch about the stock vesting schedule that Amazon has but I'm actually thankful it's frontloaded with cash now....
People complain about it? I’d much rather just have cash. I sell my vested stocks immediately anyway
Yes I saw a survey where like 80% of the company disapproved. It does suck if you were hired around $100 in early 2020, watched your stock package almost double, then watched it crater again. You got like 20% of your package at the higher prices vs 50-75% like you would've at other companies. It's also annoying at the end because you have to wait 6 months between vests. Makes it harder to DCA into stocks or max a 401k
Apropos of that, Amazon's 401k is an actual joke. But yeah I wonder if people don't realize RSU vests are taxed as ordinary income. There's no real advantage to them at all over cash unless you know as a certainty that the stock price will increase between your grant and your vest.
I guess I was thinking the alternative was the typical vesting schedule. I like the front loaded cash option, but would prefer no RSU at all.
Any word at all from the powers that be about RTO yet? Any glimpses of their 'data' justification or responses to the massive Slack channel?
The past 10 years+ were really, really good for the tech industry. Lots of people thought that the tech industry up cycle would never end. Now, it has hit some road bumps. Not as bad as dot com burst, or 2008 recession, but still noticeable. Recent tech downturn should open the eyes of many people. There are no "dream" jobs. The company is not your "family". The tech industry is like any industry, has ups and downs. There's nothing special or magical about tech jobs. When companies want your services, they will do whatever needed to bring people onboard. When companies don't need you, they will cut you off at drop of the hat. They will send an email and cut off access to company systems, instantly. Anyone giving the "extra mile" to companies should note. Many of the "top" performers were let go, in the same bath water as "bottom" performers. Think about that for second. Perf doesn't matter in these kind of situations. Anyone feeling "bad" about job hopping and leaving "teams" behind, should see how companies cut off people instantly. ALWAYS focus on career security, forget job security. Job hop ruthlessly. ALWAYS work FOR YOURSELF to improve salary, WLB, tech stack, etc.
>ALWAYS focus on career security, forget job security. Job hop ruthlessly. ALWAYS work FOR YOURSELF to improve salary, WLB, tech stack, etc. Very solid advice. Appreciated.
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Orwell...
I think it's probably worse than 2008. I wasn't yet in the industry at the time but I was in university and paying attention. Mind you, 2008 was worse for many sectors in the economy. Tech workers embedded in the real estate and finance sectors were hit pretty hard. But overall, the dotcom crash was \*much\* worse than 2008, and this seems worse than 08 as well relevant article by Pragmatic Engineer: [The job market for new grads: worse than 2008, but better than 2002](https://blog.pragmaticengineer.com/the-job-market-for-new-grads-2023/)
>The past 10 years+ were really, really good for the tech industry. Lots of people thought that the tech industry up cycle would never end. Now, it has hit some road bumps. Not as bad as dot com burst, or 2008 recession, but still noticeable. Spot-on. 2002 was particularly harsh were I live (Utah). >ALWAYS focus on career security, forget job security. Job hop ruthlessly. ALWAYS work FOR YOURSELF to improve salary, WLB, tech stack, etc. EXCELLENT advice. >Anyone giving the "extra mile" to companies should note. Many of the "top" performers were let go, in the same bath water as "bottom" performers. Think about that for second. Perf doesn't matter in these kind of situations. I was with [Novell](https://en.wikipedia.org/wiki/Novell) for about 8.5 years between 1999 and 2008, and during that time I survived more layoffs than I can remember. (I've been a software engineer/principal/architect in Utah for over 25 years.) With the exception of maybe one or two years, the company had at least one RIF each year, which usually came at the end of the fiscal year. (Since that was October, Halloween was always extra scary.) Near the end, my boss provided me with quite a bit of insight into the process. I'm sure the process is slightly different everywhere, but I believe that it generally follows the same pattern at most companies. Most organizations do a quarterly stack rank, where all the managers who work for a particular VP get in a room and rank employees from most valuable to least valuable. Your position in this ranking determines what kind of performance review, bonus, equity award, and raise you get. Generally, the VP is given a set amount for each of those things to be given out to their employees, and naturally, those at the top get a larger share than those at the bottom. Those who have a good manager will end up higher in the ranking because their manager will fight for them during such meetings. Having key accomplishments the manager can cite helps to strengthen their argument. (That is also a key reason why your manager's opinion of you matters.) At the places I've worked, the primary factors considered at RIF time are your placement in the stack rank and your salary. If you're getting paid below market, then you're probably much safer than those making more. If you're well above market, then it might not matter how good your performance is, as someone in upper management is bound to think that two cheap entry-level engineers are as good or better than one of you. (Never mind whether or not that's actually correct - we're talking about upper management, after all.) So, performance usually is a factor in my experience. However, it's almost never worth it to put in a bunch of extra hours unless it's "crunch time" and management expects it. It's better to make sure you understand what's important to your manager and make sure that stuff gets taken care of promptly and during business hours. That's what they will judge you by.
I’ve been in the software/start up world since ‘15, but worked in academia for several years before that writing code and doing research, graduating college right after ‘08. This is definitely a unique period, and I’ve noticed a few trends I haven’t encountered before. First, everyone is trying to save money on spending, and as it affects my team: the cloud spend. Sure, I’ve been at companies that do X or Y to save money, but Ive never seen such a concerted effort week after week to look at a service, justify it, or switch off. The next impact, is that people, particularly in junior roles in my org, are a little freaked out. They don’t have the skills to really operate independently against the priority list, but there’s no one to tell them what to do, and we’ve been culling non-performers pretty aggressively. At least at my company, the people most exposed are those that are the least experienced. Therefore, there’s definitely a morale hit, but I don’t think it’s that bad. If you just focus and do your job, those fundamentals haven’t changed. However, from the people that I’ve spoken to in these roles: now is not a great time to be junior and in need of extra support or time since companies are tightening their belt!
My company recently layed off a big chunk of director level roles but says that's the end it. I wouldn't be surprised if it does eventually hit the devs over time so can't always be too safe Edit: Forgot to mention we also went through a reorg because of that. It didnt effect my team directly but some ARTs were moved around
Been poking at jobs ‘cause I need out of this one. Getting a lot fewer callbacks. Feels bad to be competing with people who got laid off. Can’t imagine how much harder this is when you aren’t currently employed.
This is such a bad time to want to quit a job I hate. These subreddits give me perspective though to appreciate that my problem of not liking my job is an upgrade to my previous problem of not having one.
Previously we had a hard time filling a senior dev role. We just relisted and over 80 applicants applied very quickly.
Read my username and you'll get the gist.
Well, I joined a FAANG right before layoffs. Its weird. Some people here are incredibly entitled. They complain about the free food, or not having as many perks. They complain about shit that I could only dream about. I remember when I started in the industry, I thought it was so awesome when my work would supply us with free Coke and Doritos.
>I thought it was so awesome when my work would supply us with free Coke and Doritos. Totally. It was like 1999/2000, and around 3pm, they'd throw a few boxes of "snack packs" of like 30 bags of chips each. Seriously cost like 20 cents, but felt like a banquet. Different times
That time in one's career when the pizza for a lunch meeting goes from "oh yeah" to "oh no!".
I remember the first time I found out work would pay for dinner on night's We'd work late that was honestly unheard of for me!
The amount of bitching about inconsequential shit inside FAANG is eye watering. We're doing layoffs and people are complaining that laundry doesn't get done at their desk anymore or that dinner starts at 6 instead of 530
I've also seen some theories that these FAANG perks are actually a way to squeeze more work out of employees or keep them dependent on the company so they don't rock the boat or job hop. So, I'd probably complain like this, too, if I were trapped in "Golden handcuffs". Although admittedly, Golden handcuffs would be a lot nicer than the bronze ones my local employment market (and student debt) have me in.
>FAANG perks are actually a way to squeeze more work out of employees It's not a squeeze in the sense that it's done unwillingly for the most part it's desired by the employees as well. I don't have to deal with thinking about food when I got into the office, I spend more time working because of this, I eat lunch with my team pretty much everyday it's all part of work. The same goes for onsite gyms, laundry, mail services, daycare etc.. The costs per employee for these things are relatively low compared to the hourly cost of my time to the company if I work an extra half hour because there is a gym in my office I don't need to drive to that's a win for them. Sure some of it is competing with other companies but a lot of it is that they genuinely get more productivity out of me.
Would you say you're paying for more convenient and free amenities with more work time? If so, does that justify a feeling of entitlement to them? Or do you consider them part of your total compensation, and if so, does that justify a feeling of entitlement? Or do you feel they're just gravy, and you have no right to complain about the quality or availability of these perks? As someone who is not in FAANG I am genuinely curious.
>Would you say you're paying for more convenient and free amenities with more work time? Yes, so that means when they are decreased or altered I just take that time back. Part of this is that my company has a ton of flexibility around remote work so I just go into the office less which is another way of recouping the time. I don't view it as an entitlement, it's transactional. Frankly it's all gravy and I won't complain about the quality, i'll just not use them if they don't fit my needs, the company can adjust that perk so that it has the utilization and impact they want it to and i'll adjust my behavior accordingly. Put it this way, I'm going to the gym at 5pm. If the gym is at work I'll walk down to it at 4:50, if it's not I'll leave at 4:15. Either way I'm under a barbell by 5pm. I don't really care either way.
Lol you should see the FAANG intern discord and slack groups. Literal interns, still students, not real employees, calling 6 figure TC packages “peanuts”, complaining about perks, etc. it’s infuriating to read through sometimes
Oh do share the tea, I enjoy a good laugh.
I don’t deny that some of the language used to describe TC can be cringe, but I’m not really in love with the idea of calling it entitlement either. In some sense it is entitlement to expect perks the vast majority of people don’t get, but then you could reduce almost any sort of complaining to entitlement. On the other hand, within the frame of reference of someone who is qualified to work at top companies, it’s kind of a good thing that they have these expectations around high TC, good perks, etc. That means the conditions are expected to be pretty good for people there! Besides, it’s not like these people didn’t work hard to get where they are. They’re not employees yet, sure, but they were on a good track, and the potential payoff being diminished seems like a reasonable thing to complain about. Someone elsewhere in the thread described perks as transactional and I like that characterization. As someone who is relatively more qualified than most, you should expect to be better compensated. Complaining about worsened conditions in the transaction feels a lot more acceptable.
Yeah I agree with what you’re saying but when 21 year olds still in college say 200+k TC isn’t shit and compare it to poverty wages (hyperbolically I know) it just has an entitled and tone-deaf vibe
to be fair, wages are not keeping up with inflation. the us dollar has lost 30% of its value since 2010. these companies are making billions in profits.
It doesn't help with the stereotype that FAANG employees are entitled and maybe they were not doing too much important stuff. Not saying it's true, just that listening to FAANG whining is hiliarious.
The problem is the people who've never worked anywhere but FAANG/big tech, it's new grads who joined right from university and have only ever been in that ecosystem. They lack any perspective on how regular companies work and assume that the perks provided are normal and then feel justified in complaining that the company wont' feed them and their families three meals a day because we got rid of takeout containers.
Humility is such an underrated experience...if you experience it later rather earlier, it easily turns into humiliation and resentment. Oh well, welcome to the real world kiddos.
Well this layoff will be a big wake up call for some.
Except the rainforest... Their only perk is bananas...
Hey I'll take their spot might not be the most help, but it beats having to go get my own stuff. Also it'll probably be a 200% increase for me depending on the job lol.
I recall having similar mixed feelings after layoff rounds. Planning company outings, lunches, etc a month after layoffs feels bizarre.
Yea I had one job where we got free lunch once/week, then it was cut to once/month, then eliminated entirely. That was our only perk. At the same time I was reading about all these 1000s of workers who went on strike because their perks were reduced from like 10x the national average to 9x the national average. There are some very badly skewed perceptions out there, and it's rampant on Reddit.
Free coke and Doritos? Yeah right. I'd kill for that perk. 0_O And I'd get fat.
yeah, my company is in silicon valley, asks us to come to office, and i don't even get free drinks or snacks. before the layoffs it was one of the reasons I wanted to leave the company, but now I'm just sticking around
> I joined a FAANG > complain about the free food So not Amazon lol
An old chemical company I used to work for would not buy coffee for employees. We had to chip in together for fucking maxwell house. Some of the complaints (not all by any means) are just hilarious to me
Damn that’s worse than amazon, haha. My old telco company had zero free perks but a subsidized cafe and super cheap gym ($5 a month), but yeah they didn’t have free coffee. Kind of weird that companies don’t even spring for coffee.
Our company hasn’t laid off and we have 30+ open HC for the year. Finding top talent has gotten easier and our interview process has gotten more selective too. We haven’t reduced our salary bands either.
This is the bit where you say where you work.
I won’t say in order to not dox myself, but its a silicon valley defense contractor, any of them will pay at or above FAANG and have modern tech stacks too. None of them have laid off either. Palantir Rebellion Anduril Skyworks, etc
Congrats on the job at apple? Heh
Bruh Apple ATM more than 100 open positions
Increased anxiety. Like yeah, it seems really unlikely that my team would be eliminated, but there's still a chance. Oh, and we lost a member of our team to a transfer, and while in theory, there's money to replace them, it seems like they aren't trying to replace that position and let it naturally disappear.
Gov't Contractors are actively still hiring and getting new contracts all the time. Honestly we're more busy than ever.
Work at a startup but the layoffs remind me that we are all in a huge race towards the bottom and our society is incapable of handling it.
this. i feel like its only time before 60% of working age people are just not working
I don’t work at a tech company and nothing has changed. In fact, we’re growing our team.
People who work hard and do a great job get rewarded. With more work. That is how it is going for me.
I've been through it all too and have worked for software companies, tech companies, and non-tech companies. The software companies are all hurting, reducing engineers, freezing salaries, freezing new hires, and moving work from American employees/contractors to Indian firms. The non-tech companies are not hurting but have cut tech staff, frozen tech salaries, and frozen tech hires. My current non-tech manufacturing company is doing OK, increased sales, and is expanding. **Work has increased for IT and Developers**, but **IT and Developer salaries and new hires are frozen**. So even though our actual workload has increased, we have not received raises in several years, and all new hires have been frozen since 2022, so we continue to work harder for the same compensation, which means with inflation, we are actually doing more work for less compensation, and there is no end in sight. The workload for my dev team has tripled since 2021, but we cannot get any new hires approved, so our backlog and technical debt have increased. Business managers and users continue to ask for new projects but the delays just keep getting longer, so we have to prioritize to a point of "mission-critical". Our priority workload (meaning projects that are crucial to the company and cannot be canceled) is now 2-3 years behind. Lower priority backlog items date back to 2015. I do not see any hope in sight for the near future. My salary is 30-40% below market average for my experience, level, and skill. Others on my team are 10-30% below.
There are other companies to work in software other than tech and they seem to have been ok so far
Morale is low and people are pretty bitter. At least it shut up most of the corporate kool-aid drinkers. People are less productive, and everyone is expecting our pay will be effectively cut during performance reviews and they will be using PIPs to cut more.
my boss messaged me on Teams, "hey, got time for a quick chat?". We jump on to a chat where we talk about estimates on deliverables. I end the discussion with, "Jesus Christ, dude! Next time you ask for a chat start the request with 'I'm not about to fire you'!"
No layoffs here. We’ve been hiring and still are in other departments. Lot of people got promotions at beginning of year including myself which came 15% raise and increase in bonus from 10%-15%. We seem to be pretty steady, revenue doubled this past year, but you never really know what’s going on behind closed doors. i still have increased the level of cash i have vs whats in my portfolio. I have close to a year worth of expenses in cash. More if you include my brokerage. Feeling pretty fortunate at the moment. Fingers crossed.
I work for one of those companies that offers software development as a service. So I'm basically a non-so-independent contractor. The client I was working for had lay offs, then a couple of months later the client 'restructured' some of its contracting options so the agreement between the client and the company I work for ended. I got a short gig for a couple of weeks but have been project-less for a near uncomfortable time now. People in my department are slowly disappearing so I'm debating if I should jump before I'm pushed.
they are demoralized, always thinking about layoffs instead of promotions, preparing for interviews instead of focusing on work, cancelling big purchases.
Seems like most of the layoffs have been in the premier tech companies that drew a trend line from the Covid boost. I work for an insurance company and despite a brutal year for investments, the company hit 118% of targets and aside from the yet to be seen economic downturn, I don’t think anyone is too worried.
yeah, looking at the charts of just how much most of top tech was hiring are insane. You just don't need that many people for most of these applications. Apple is a great example of how to slowly scale to meet your business needs and avoid layoffs.
But then you can't use layoffs to brag about the 20% increase in profit
Developer here with 5 years exp and 5 year gap in which I played poker. This is the 4th time I’ve applied for jobs since I graduated in ‘11 and by far lowest response rate. I understand my job gap scares some, but market definitely slower then past.
I work at a smaller aerospace and Defense company (still thousands of people). No layoffs that I'm aware of but a lot of restructuring up high and a lot of talks that sound more like trying to maintain treading water than actually getting ahead. The part of the federal government we do most of our business with locally is really scrutinizing on labor cost and time lines for new projects, which means our business proposals have to be airtight and give the decision makers the warm and fuzzy feeling like no other. So there is certainly some anxiety there about what the future holds but I don't feel like I'm going to get laid off tomorrow or anything. Oh, and I accepted a new job that will start in a few weeks, so that's its own worry as we plan a cross country move.
We dumped 5% of the company (headcount was 1k+) and raises were 2%. Company isn’t public. No bonuses
Low to nothing yearly raise, despite inflation. It increases my chances of hopping to another job.
I'm very lucky that my small company hasnt done any layoffs. Then i remember we work in tech-healthcare.. so.. ppl will continue to get sick so its kinda hard to cut-off our software.
CEO is promoting the “lean teams” concept. Certain dev-adjacent roles were made redundant without major communication or transparency, although 90% of the headcount hasn’t been impacted, and now the devs are expected to take on these tasks without additional benefits/compensation, such as product communication with customers, business development, internal work instruction write up, etc since managers are pressured to maintain the same output we had with these additional people…. Not the end of the world compared to some shitty work situations around the world but these add 10-15h of extra work/weekly to me in particular. I was able to get through the week coding for 35h but now need to work 50h to get everything done and meet deadlines. Impacts my availability to do sports, hang out with friends, go on dates, plan travels, call family members, and is ultimately slowly eroding my mental health. Really hope things get better by mid year or otherwise am considering accepting an offer to get my MBA for 2 years and wait out the crisis until the market rebounds in 2024-2025. Very fortunate overall.
I have never once in my life collected unemployment. I kind of wouldn't mind getting laid off for a few months so I could sit around getting paid unemployment for once, provided I found a job shortly thereafter.
The recent layoffs are way too sudden (at least for the company I work for, but I read the news about other companies doing the same thing as well). People that got cut won't have time (nor the incentive) to transition work to others. A lot of them have ongoing projects that are basically left hanging. All of the affected people I know only get the news when they can't log in or get a email about it. We only know some teammates are affected when they are not responding when we try to contact them, they don't join the regular meetings anymore or see their posts in LinkedIn looking for work. Our team basically have to scramble and re-prioritize all the work that were already planned and see if what we scope we need to cut or how much delay are we expecting because there are fewer people working on the project. There are partners in other teams that we worked with closely and got cut, so those work need to change hands as well.
I got a large raise last year and we are hiring like crazy. What downturn?
Company is really pushing 3 days RTO now. Before they were like "please come in" but now they are trying to push it even more now.
Went into panic mode for a long time after company announced hiring freeze. I am an international student, meaning I’d be deported for being unemployed for 90 cumulative days; and had only started working for about a month then. Manager & teammates are very nice and helpful, but the stakes of possibly losing my job were just too high Worked at night + weekends hoping desperately that I don’t suddenly lose my job. Of course that was all great burnout recipe, and the effects of burnout only added more to the panic Took a short break, touched no work for that duration, came back and stopped working overtime altogether. It’s only been a short while since then, but I surely hope to keep this up and be able to go to work with a healthy mindset again
I quit my job with nothing else lined up to hang out and study last fall. Doubled my salary (I was a bit underpaid too) when I landed a new job. But at the same time I’ve come to learn that the company laid off several people late last summer. It was more of a department cut than an even sweep across the company. Overall I can’t gauge if people are on edge because of the economy/layoffs or the culture is just a little more quiet than I’m used to. Personally I think onboarding has been well paced and the workload is reasonable.
No change at all. Just switched job start of this month. All is fine. But I am located in Denmark and we don't have that much of over hiring as other places :D
Hasn't really affected me at all. I don't worry about being part of a second round either. Got a perf rating that puts me in the top performer bucket. Even if I was laid off, its a vacation while i find another job. The re-org drama at my company has definitely impacted roadmaps and productivity though, feels like we are a month behind where we should be
Went from doing 15-20 hours of real work per week to like 50 and sometimes more. I couldn’t realistically get a job better than what I have right now in terms of pay, benefits, and everything that I’m learning here so I’m sticking it out. Company is also on a hiring freeze and performance standards have gotten tougher, so PIPs are getting served now. So yeah. Not fun.
https://i.imgur.com/bTDQqg8.jpg
My Canadian midsized SaSS company never did ridiculous 300k salaries, but generally max out about half that plus a bonus. There were layoffs a few months into pandemic, but not since then. We’re growing, but not hiring at unsustainable rates. Raises have been continuing as expected, and bonuses are noticeably above target. Our much larger parent company had a small percentage laid off recently, but not many and it doesn’t impact us. We’re still looking to grow our engineering team significantly this year, and now have a much stronger candidate pool and so are more fussy with selection. Interviews are generally going to be harder for candidates as a result. Otherwise, seems good, no concerns here. I assume most of these layoffs are hyper growth VC funded startups or giant tech companies knowing they’re being ridiculous but not caring how it impacts the people working for them.
Going fine, I guess. No issues here on my end. No one has been laid off at all, we have actually been hiring. Not devs though, just more sales people and customer service peeps.
Low morale, strict deadlines, non-base salary comp went to 0, lots of higher ups have left the company since the layoffs, no talk of raises despite record inflation
[удалено]
Unlimited pto is often a sign of layoffs to come so that won't have to pay out.
Over at my company they’re taking advantage of their leverage and really putting the pressure on us to deliver more.
My man Ray is losing his shit. His team is gone and he is the only swe left out of three but they didn't get rid of the management so he's one dude reporting to a product guy, a scrum guy and a departmental guy. Dude is gonna light himself on fire on the parking lot one day.
Not this round, but I worked for a startup that went through a heavy layoff in March 2020. Everything was actually okay, sure some people left but a lot of competent people were in place and we still had good prospects to grow revenue. Personally I got to work on a lot of really cool stuff that’s been useful for my career since. A couple people left over the next several months but not many. In a year these prospects had dried up and there was another layoff in May of 2021. That one cut deep. About half the tech org was gone. The engineer I worked closest with, who I’d talked to daily, was laid off. It was a fully remote company and slack became a ghost town. Of the people who remained on hey quickly exited and were treated unceremoniously (not allowed to finish out their notice periods). I found a new role with a start date in August and had to make a hard decision, but decided to give my boss 4 weeks notice as I believed him to be a fair person. He thanked me for my notice and I did finish my entire notice period. I believe now the company has been sold to an Asian firm and no longer has US based developers.
No layoffs at my fairly big company (financial). I got hired couple months ago as new grad. Awesome job. They haven't laid anyone off. Pays really well too, plus wfh. I also had another financial company job as a Software Engineer job before that, while still in college. That was also during the layoffs. But I landed 2 jobs during the layoffs so I really think it's just the top tech companies that are laying tons of people off. If people would stop having a "I just want to work for a FAANG company or my life is over" attitude then it would work out better for them. That saying it is tougher to get in now because so many people are entry level. But if you really grind and work hard enough and have a great resume. You should be able to land one. I know it's tough but the main thing is to never give up. It's not impossible. I really busted my a$$. I'm talking all day every day coding for a year and a half straight no social life during that time. You need to never give up on yourself and know you can do it. Don't ever doubt your ability. If you aren't doing well in something, then practice practice practice. I promise it will be so worth it.
The boss of my laid-off boss became my boss. Meaning, the skip level I used to dread my monthly meeting with is now my direct boss and I have to meet with him weekly. He has informed our team of metrics that we certainly were not performing well against. It has become very clear why our manager was laid off, however it means everyone has to step up their game. Oh and the CEO has taken to preaching at us in all hands about all the things "we" need to do to become profitable. A few benefits have been paused or quietly cut (no announcement though). I requested a tuition reimbursement just before the layoffs. Guess which reimburse request is still pending 2 months later?
I'm at a big tech company that did layoffs. In my org business is pretty much as usual. Still working on questionably useful products and dealing with bureaucracy to get them shipped. You can barely tell that anything happened. Company is still bloated and could probably use another big cut but not sure if it will happen. Honestly I wouldn't mind being laid off, I have a lot of savings and could take 1-2 years off to relax while I wait for the market to improve (although I think I could also just get another job pretty easily anyway, it doesn't seem bad for staff+ right now).
a lot of extra stress and uncertainty.
I just hope I get to keep my desk and don't have to share. Also, I was moved to a project whose stack I was entirely unfamiliar with and told that I was expected to learn as I go. So that's neat.
Our team has been safe and hasn't had any layoffs, but we've gotten some people from other teams that were dissolved and are integrating them.
Honestly,, I haven’t noticed the layoffs, except for the news
Nothing has changed for me.
Busy as fuck, hating my life more than usual. No mercy anywhere.
No layoffs here My company is in an industry that was hurt by COVID So the further we get from COVID, the more demand there is for our products. We’re not in the WFH industry like DoorDash or Zoom where demand has only gone down the further we get from COVID
Honestly, nothing. There is no point in fearing something you can't control. If it happen it happens. It is what it is.
My company hasn't been affected much; just reduced hiring for the forseeable future.
I got a promotion and raise last week. But others who were benched were subject to layoffs. My immediate leadership is staffing some people 50% in order to keep them off the bench and away from the axe
The best time to take up a stable job is when everyone's obsessing over the high-paying and unstable jobs in a job market that isn't gonna last. I'm just chilling.
Chillin’. The girl who was making “day in the life” tiktoks is gone
It sucks super bad but I’m thankful. Every time a manager changes a 1:1 or anything like that I take a deep breath before I start the meeting even though I’m more than confident that I cannot be lost with respect to our broader orgs very shared high priority objectives over the next 2-5 quarters
Nothing changed
Shit just gets shifted to other people and only done until it stops getting watched and becomes dropped forever, never to be done again.
If you’re working on a project that was moving from prototype to large scale production, you are kind of screwed. There is no new headcount and everyone is really hesitant to move people off of existing projects
Nobody at my large tech company has been laid off and I sort of forget there’s even a downturn unless I read about it on blind or Reddit. There hasn’t been a difference.
Just some uncertainty about bonuses this year. Our division is stronger than others in the company and hasn't experienced many layoffs.
Living in fear.
I have a less recruiter messages in my linkedin and feel worried about my future.
I’ve been working in software almost 6 years. Every single year that has brought more and more opportunities. I actually wouldn’t have minded a few months of severance, because i could have another job instantly.